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Made in Madurai                

Wednesday, June 15, 2011

Medical Tourism in Madurai - Meenakshi mission plans to open new hospital in Madurai and Thanjavur

In an attempt to redirect medical tourism opportunities from Chennai to smaller cities like Madurai and Thanjavur, which are popular tourist destinations for foreigners, Meenakshi Mission Hospital is planning to set up two hospitals, in Madurai and Thanjavur, with a combined investment of Rs 370 crore.

The 350-bed Madurai hospital will be built with an investment of around Rs 300 crore. It would have all major specialties like cardio, orthopedic, gastroenterology and nephrology, among others. The hospital has already signed a Rs 150-crore loan agreement with HDFC Bank for the project. The hospital in Thanjavur would be smaller with 200 beds and entail an investment of Rs 70 crore, of which Rs 50 crore would be loan component and the promoters would fund the rest through equity investment.

It is believed that Meenakshi mission has opened SunShine, a hotel an year back as a part of hospitality industry and that kind of shows a signal of the strategy and direction of the company.

All the Best Meenakshi Mission Hospital and wishing you a grand success in the ventures!

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