HealthCare Global Enterprises Limited (HCG), having a network of 17 oncology centers across India, is looking at various options to expand its network to 40 centres within the next three years. On its radar are greenfield projects/merger and acquisition/franchisee models that would enable it to penetrate into tier II and tier III towns. It has earmarked Rs 400 crore for its expansion plans, including Rs 50 crore overseas investments.
The oncology major is talking to various State Governments and also non-Government organisations to make cancer treatment accessible to all segments of the society. It also launched of ‘Sarva Cancer Chikitsa Yojana’ and a CyberKinfe centre. The initiatives were declared in the presence of former President of India Dr APJ Abdul Kalam and Chief Minister of Karnatakaâ€” BS Yeddyurappa. Hailing the initiatives of HCG, Dr Kalam observed, “It is heartening to note that HCG has embarked on a mission that would help the masses to fight the burgeoning problem of cancer. Given the high incidence of cancer, and the new threat it poses, we have a humongous task and the need of the hour is a PPP model.”