UAE-based VPS Healthcare to invest Rs 1,000 crore in India in healthcare facilities – Feedback

The UAE-based healthcare conglomerate VPS Healthcare is entering India by acquiring majority stake in Lakeshore Hospital in Kerala, a tertiary level super specialty hospital and pioneer in large-scale health tourism.

Announcing this decision Dr Shamsheer Vayalil, managing director, VPS Healthcare, said the acquisition is a part of the ambitious expansion plans VPS has chalked out for the subcontinent in the next 5 years. “We have earmarked Rs 1000 crore for expansion plan in India in the first phase,” he said. Shamsheer has taken over as the chairman and MD of the hospital which has been renamed as VPS lakeshore. Presently, with 350 beds, more than 30 specialties and center of excellence for multi organ transplant services, VPS Lakeshore Hospital is already one of the largest super specialty hospitals in South India with state-of-the-art facilities and increasing number of successful procedures.

http://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/uae-based-vps-healthcare-to-invest-rs-1000-crore-in-india-in-healthcare-facilities/articleshow/51880599.cms

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