India’s Nova Medical Centers is planning to invest Rs5bn ($99m) to expand its operations.
The ambulatory surgery group plans to introduce 25 daycare surgical facilities across India and West Asia by 2013.
Go deeper with GlobalData
Each facility will include operation theatres, consulting rooms, imaging, pathology laboratory and pharmacies with all the necessary equipment, staff and doctors.
Nova Medical Center co-founder and executive director Mahesh Reddy said that around Rs1bn ($19.8m) will come from internal accruals and the rest Rs4bn ($79m) will be raised from investors.
Nova operates six clinics in Delhi, Mumbai and Bangalore, and carries out non-critical procedures.
Nova Medical is also planning to set up 20 clinics in the next three years.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
