Manappuram Group to invest up to Rs 1000 cr in healthcare arm

KOCHI: The Manappuram Group would be investing close to Rs 1000 crore in its healthcare arm Manappuram Health Care Ltd in the next 5 years to set up a chain of 50 medical, dental and diagnostic clinics across South India.

V P Nandakumar, chairman, Manappuram Group said here that the company plans to set up such clinics in other leading cities across the country. The company opened its diagnostic centre and international dental hospital in Kochi on Wednesday.

The healthcare arm of the group operates under the MAcare brand name. A super specialty medical centre will also come up at the centre shortly. The centre will offer services of expert doctors from all fields of medicine including cardiology, nephrology, neurology and gastroenterology.

A highlight of the centre will be laparoscopic day surgery centre. The centre will also have a pharmacy