In order to boost up its medical services, Apollo Hospitals
has decided to invest Rs 1,000 crore in the next 18 months to set up about 15
hospitals in tier II and III cities in the country.

Speaking on the sidelines of CII’s annual session, the
Apollo Hospitals Group Chairman, Prathap C Reddy said, “The idea is to set up
tertiary hospitals in tier II and III cities, we plan to set up about 15
hospitals in next 18 months with an investment of about Rs 1,000 crore.” He
further said that on average these hospitals would have around 200 beds and in
the next 18 months, the group is looking at 10,000-bed capacity.

Besides expanding its operations in Africa the hospital
chain is once again ready to enter in Sri Lanka.

Reddy said, "People talked about BRIC (Brazil, Russsia, India, China)
economies, now we need to change it to BRICA, adding Africa.”

The group owns and manages 41 hospitals in and around India, becoming the largest healthcare provider
in Asia.