Dr Agarwals to invest Rs 175 crore to set up 25 hospitals, 30 vision centers in Karnataka
Dr Agarwal's Eye Hospital made this announcement at the inauguration of its super speciality eye care center at Indiranagar in Bengaluru.;
Bengaluru: India's leading eye care specialists, Dr Agarwal's Eye Hospital plans to invest over Rs 175 crore in expanding its presence in Karnataka over the next two years.
The hospital chain made this announcement at the inauguration of its super-speciality eye care center at Indiranagar in Bengaluru.
The new center is offering free consultations for patients who are 50 years or above till the month end. Karnataka's Honourable Minister for Health & Family Welfare and Medical Education, Dr K Sudhakar inaugurated the Indiranagar facility in the presence of Dr Adil Agarwal, CEO, Dr. Agarwal's Eye Hospital, Shri P C Mohan, MP Bangalore Central and Shri S Raghu, MLA, CV Raman Nagar.
Also Read: Dr Agarwals to invest over Rs 300 crore to set up 20 eye hospitals in Maharashtra
In the next two years, Dr Agarwal's will set up around 25 hospitals in Karnataka at an investment of ₹150 crore. In addition, the Group will set up more than 30 vision centers at an investment of ₹ 25 crore, taking its total investment in the state to ₹ 175 crore over a two year period.
Dr Adil Agarwal, CEO, Dr Agarwal's Eye Hospital, is optimistic about the Group's growth prospects in Karnataka. "Karnataka has been a revenue generator for the Group, contributing approximately ₹100 crore to our overall business. Currently, we have 15 centers in the state (11 in Bangalore and 4 outside Bangalore). In the next 36 months, with all the expansion that we have lined up, we expect the state to contribute to ₹ 200 crore to the Group's business. Karnataka is an important state for us and we are committed to expanding our presence here both in Bengaluru and outside the city," he said.
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