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Monday, August 27, 2007

Fortis eyeing pan-India presence, to invest Rs 2,000 cr

MOHALI: Fortis Healthcare Ltd, a Ranbaxy promoter group company, on Sunday said it plans to have a pan-India presence and is ready to invest about $500 million (nearly Rs 2,000 crore) in the next four-five years.
Fortis, which has a network of 12 hospitals primarily in the north, is now focusing to build a "strong national network", the company's CEO and Managing Director Shivinder Mohan Singh told a news conference here.

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