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Hospitality-and-Healthcare Sector News & Updates - May 20, 2024



Dr Reddy Laboratory likely to invest Rs 700 crore in H2: CMD Prasad
Hospitality and Healthcare   -  Nov 21,2023
Dr. Reddy's Laboratories to invest Rs 700 crore in H2 FY24 for capacity development, focusing on new facilities and manufacturing. The total capital expenditure for the year will reach Rs 1,400 c .


Karnataka govt sets target of Rs 40,000 crore investment to boost KHIR city
Hospitality and Healthcare   -  Nov 14,2023
The Karnataka government aims to attract Rs 40,000 crore investments for a Knowledge, Healthcare, Innovation, and Research (KHIR) City near Bengaluru. The ambitious project envisions Karnataka as a gl .


Apollo Hospitals to invest Rs 3,435 crore for expansion
Hospitality and Healthcare   -  Nov 10,2023
Apollo Hospitals unveils a Rs 3,435 crore capital expenditure plan to add 2,300 beds over the next three fiscal years, financed through debt and internal accruals. Aligned with business growth, the ex .


Philips increases investments in India with new innovation hub in Bengaluru
Hospitality and Healthcare   -  Nov 10,2023
Royal Philips expands its investments in India with a new innovation hub in Bengaluru. CEO Roy Jakobs emphasizes ongoing commitment to Indian investments without specifying amounts. The $19 billion co .


Aster DM Healthcare inaugurates Aster Whitefield Hospital
Hospitality and Healthcare   -  Nov 04,2023
Aster Whitefield Hospital in Bangalore, part of Aster DM Healthcare, transforms into a cutting-edge, multi-specialty facility. Renowned for private healthcare in the GCC and India, the 506-bed institu .


Aragen constructing a $30 million bio-manufacturing site in Bengaluru
Hospitality and Healthcare   -  Nov 02,2023
Aragen is investing $30 million in a new 160,000 square meter biologics manufacturing plant in Bangalore. The facility, equipped with GMP production suites, process development labs, and quality contr .


Bids invited for construction of Guru Ravidas Government Medical College in Haryana
Hospitality and Healthcare   -  Nov 02,2023
The Department of Medical Education & Research (DMER) invites bids for an EPC Contract to build Guru Ravidas Government Medical College, nursing, paramedical, and physiotherapy institutes in Rasulpur, .


Uttarakhand CM secures Rs 10,150 crore investments through MoUs
Hospitality and Healthcare   -  Nov 01,2023
Uttarakhand Chief Minister Pushkar Singh Dhami has facilitated the signing of Memoranda of Understanding (MoUs) totaling Rs 10,150 crore across various sectors during a dedicated event in Chennai. Thi .


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