LycaHealth, part of the Britain-based Lyca Group of Companies, will next year launch a state-of-the-art healthcare centre in Chennai with a total investment of Rs 125 crores (15 million pounds).
The facility, to be known as Westminster Healthcare, will offer imaging, diagnostics, day-care, outpatients and wellness services.
“Westminster Healthcare aspires to be a major leader in outpatient healthcare and diagnostics in India with further investment expected to reach Pound 75 million over the next five years, in line with the LycaHealth vision in the UK,” said Dr Manpreet Gulati, CEO and co-founder of LycaHealth.
“A very important reason to create LycaHealth is to generate wealth (and not just money) so that we can in tandem, fund social enterprise initiatives in the areas of need including in India, Sri Lanka and Africa to provide low cost, ethical and good quality healthcare in these regions in our own small way,” he added.
British Prime Minister Theresa May, during her recent visit to India, had announced the establishment of Westminster Healthcare project.
“The UK and India are natural partners – the world’s oldest democracy and the world’s largest democracy – and together I believe we can achieve great things – delivering jobs and skills, developing new technologies and improving our cities, tackling terrorism and climate change. This is a partnership about our shared security and shared prosperity. It is a partnership of potential,” May said.