Jupiter Hospitals Buys Land for New Hospital; To Add 300 Beds

21 Jan 2025 CW Team

Jupiter Hospitals has acquired land to expand its operations, aligning with its strategic growth objectives. The new hospital, with an estimated capital expenditure of Rs 4 billion, will add 300 beds to the chain鈥檚 operational capacity. The project is set to be completed in four years.

The funding for the land purchase has been covered through internal accruals, while the financing for the hospital's construction will be determined after obtaining necessary approvals. The hospital will cater to underserved areas in Dahisar, Mira Bhayandar, and Vasai Virar Municipal regions.

Currently, Jupiter Hospitals, along with its subsidiary, operates 1,061 beds as of January 1, 2025. CEO Ankit Thakker had earlier mentioned plans to double the company's bed capacity over the next three to five years, which is expected to lead to a similar increase in revenue.

Thakker also revealed that 1,000 beds are already under construction, with 500 beds in the Palava region of Mumbai Metropolitan Region (MMR) and another 500 in Pune. The company is also exploring more opportunities in western India.

(The Hindu)

Infrastructure Transport

20 Jun 2025

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd鈥檚 subsidiary, Reliance Aerostructure, has signed an agreement with France鈥檚 Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a 鈥渟ymbol of India鈥檚 technological and manufacturing strength鈥�, adding that it aims..

Infrastructure Urban

20 Jun 2025

INDEA Lays Foundation for India鈥檚 First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country鈥檚 first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India鈥檚 transition from a cost-driven to a quality-led a..

Infrastructure Transport

20 Jun 2025

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India鈥檚 innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..