Jaypee Group entering Healthcare Sector

New Delhi, May 27, 2014: 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 2,000 crores 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 1200 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.

Shri Jaiprakash Gaur, the Founder Chairman, Jaypee Group has envisioned the healthcare division to emerge as a quality benchmark in the field of medicine. Under his guidance, the Jaypee Group plans to invest Rs 2,000 crores over the next 3-4 years towards establishing a chain of multi-super-speciality hospitals in NCR & tier-2 cities of North India.

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.

Smt. Rekha Dixit, Director, Jaypee Healthcare Limited

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”.