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Business Economy


Hospital chain ‘Cloudnine’ mulls investment of over Rs 200 cr on expansion

Hospital chain ‘Cloudnine’ mulls investment of over Rs 200 cr on expansion

Chandigarh, Nov 21 (UNI) Cloudnine Hospitals, country’s leading chain of maternity, women and child care hospital & clinics will invest more than Rs 200 crore on expansion and opening of more such healthcare facilities in next two years time, said Rohit M A, founder and Managing Director, Cloudnine Group of Hospitals here on Tuesday.

Speaking on the occasion of opening of a hospital, the 19th in the country, inaugurated by renowned Bollywood actress Shilpa Shetty Kundra, Rohit said “We have now more hospitals coming up in Noida, Delhi , Punjab and other parts of the country and shall be investing over Rs 200 crore on these projects.

“Investment on opening a hospital comes roughly Rs 20-25 crore and as of now the Group has invested over Rs 300 crore on setting up of hospital chain. We shall be opening four to five hospitals each year in next two years time in the country with the funds arranged through three core investment companies, “ added Mr Rohit.

Shilpa also unveiled ‘ It’s Our Baby’ programme of the hospital on the occasion which is designed for expectant parents.

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