Rockland to expand its chain of hospitals

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It plans to open three new hospitals in NCR region and create a network of doctors across the country

New Delhi: Delhi- based Rockland Group plans to expand its chain of hospitals by opening new hospitals in Manesar in Haryana and Greater Noida (Uttar Pradesh) in next couple of years and expand the existing unit in Qutab Institutional area in Delhi.

Besides, the group will create a network of over 4,000 doctors across the country to provide advanced healthcare, Rockland Group Chairman and Managing Director Rajesh Srivastava said.

The multi-specialty 505 beds hospital in Manesar will be opened on January 24. The second unit of the Rockland hospital in Qutab Institutional area in Delhi will be operational by the middle of this year.

“Our fifth unit will be in Greater Noida (Uttar Pradesh). It will have over 500 beds and will open in 2015,” he said.

Currently the group runs two hospitals – one in the Qutab Institutional Area and another in Dwarka in the national capital.

To meet the fund, promoters of the company would dilute their minority stake to raise Rs 200 crore in 2013-14 to partly fund the expansion programmes.

And to expand its reach in other parts of the country, Rockland will tie-up with smaller hospitals. It plans to cover 400 districts by 2020.

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