Indian conglomerate ITC operates a chain of hotels and now plans to set up a chain of multi-specialty hospitals across India to cater to locals and medical tourists.
ITC, the Kolkata-based cigarettes-to-hotels business conglomerate, has sought approval from its shareholders to set up multi-specialty hospitals and to promote health tourism. With this venture, ITC will compete with leading private healthcare groups Apollo Hospitals, Max Healthcare and Fortis.
ITC plans to use the company’s expertise in the hospitality and tourism sector to promote medical tourism to the country. The idea is to set up world-class multi-specialty medical facilities providing patient-centric best practices that would be valued and trusted by patients.
Besides hospitals and medical tourism, ITC will also set up healthcare centres, mobile health centres, nursing homes, diagnostic centres, dispensaries, pharmacies, clinics, laboratories, polyclinics, drug and medical accessories stores, nutrition and dietetic counselling centres, medical colleges, nursing colleges, medical research centres, plus facilities for training, development and skilling of medical and related staff.