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Jaypee forays in healthcare, plans Rs 20 bn investment
Source: IRIS | 26 May, 2014, 05.07PM
Rating: NAN / 5 stars.
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Noida based Jaypee Group, one of India’s leading infrastructure conglomerates with diversified interests in hydropower, cement, hospitality and real estate, has announced its foray into healthcare sector with an investment plan of Rs 20 billion over the next 3-4 years to establish a chain of hospitals in North India.
 
Jaypee Hospital, the flagship hospital of the Jaypee Group has been planned and designed as a 1,200 bedded tertiary care multi-super-specialty facility and, is shortly getting commissioned with 525 beds in first phase at Noida. It has been established on the fundamental principles of providing patient-centric care, evidence based medicine, ethical practices and value for money.
 
Jaiprakash Gaur, the founder chairman, Jaypee Group has envisioned the healthcare division to emerge as a quality benchmark in the field of medicine.

The group has planned to create top of the line 500 bedded hospital each in Agra, Sahibabad and Kanpur, and 250 bedded hospital in Bulandshahar in the next 3-4 years.
 
Rekha Dixit, director, Jaypee Healthcare said, ''The demand for quality healthcare is rapidly increasing in India however; it has not been met by a suitable increase in supply. The Jaypee Group intends to bridge this gap by taking the initiative of creating 5000 quality beds to meet the acute shortage of quality beds in NCR & Uttar Pradesh. Also, we are planning similar facilities in other towns like Agra, Kanpur, Bulandshahar and Sahibabad. We are hence creating these mega hospitals which will provide correct medical treatment at right cost.''
 
Vikram Singh Raghuvanshi, chief executive - healthcare, Jaypee Hospital shared, ''Our aim is to provide high quality healthcare delivery with world-class technology and infrastructure in the field of super-speciality services to the masses at affordable prices. We are primarily focusing on Noida and the adjoining areas of Uttar Pradesh throughout the Yamuna Expressway which links Delhi to Agra. There has been a continuous growing demand for quality healthcare services in the northern part of India, and affordability has been a biggest challenge for the society. Hence our emphasis and objective will suit the growing demand and supply and to emerge as the most dominant player in healthcare segment in NCR & Uttar Pradesh.''

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