Apollo Hospitals Enterprise to invest Rs 3,000 crore in next three years

Apollo Hospitals is looking to invest ₹3,000 crore over three years to fund its expansion.

Suneeta Reddy, Managing Director of Apollo Hospitals, told CNBC-TV18 that, as part of the expansion, the group is also planning to add 2,000 beds to its facilities over the next three years.

Highlighting Apollo Hospitals’ commitment to cutting-edge medical technology, Reddy revealed an investment of ₹8 crore in the upcoming AI-precision oncology centre in Bangalore.

“We plan to open another 25 such centres across the country over a period of time,” she added.

Commenting on current occupancy trends, Reddy expressed optimism, particularly noting robust occupancies in Karnataka. “We are witnessing very healthy occupancies, especially in Karnataka. It’ll be a strong growth trajectory for us this year,” she remarked.

Despite the ambitious expansion plans, Reddy clarified that the company is not currently exploring private equity (PE) investments. CNBCTV18