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Spice Global enters healthcare business in India

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The Singapore-headquartered firm, having businesses in telecom, finance and entertainment technology, has set up Saket City Hospital in Delhi  

New Delhi:  Singapore- based Spice Global has forayed into healthcare business by setting up Saket City Hospital in Delhi with an initial investment of Rs 400 crore.

Promoter of the $2 billion diversified firm, BK Modi, said the Singaporeheadquartered Spice Global’s focus in 2013 will be on healthcare business. The company’s major business interests are in telecom, finance and entertainment technology.

“We are bringing aboard the best talent backed by state-of-the-art facilities, infrastructure and services. We are confident of redefining the concept of healthcare in India through technological innovation and sensitive patient care,” Modi said.

Modi said there was a huge scope for expansion of modern healthcare business in India and the company’s foray into the sector was timely.

Modi said Saket City Hospital will be completed by mid-2016. It will have 1000 bed capacity.

The company is developing the hospital in three phases. The first phase is complete. The second phase will be completed by June this year with 230-bed facilities.

“The hospital offers super-specialties in cardiac sciences, neurosciences, gastroenterology and gastrointestinal surgery, obstetrics and gynaecology besides orthopaedics and joint replacement,” Saket City Hospital Board Chairman Pervez Ahmed said.

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