ITC Plans to Set Up Multi-spe­cialty Hos­pi­tals

The Economic Times - - Companies: Pursuit Of Profit -

Di­ver­si­fied group ITC plans to set up multi-spe­cialty hos­pi­tals and lever­age its ex­pe­ri­ence in hospi­tal­ity for tap­ping into the ex­pand­ing med­i­cal tourism segment in In­dia. The Kolkata-based firm, bet­ter known for FMCG prod­ucts and cig­a­rettes, is seek­ing ap­proval from share­hold­ers through a spe­cial res­o­lu­tion to al­ter its Mem­o­ran­dum of As­so­ci­a­tion in or­der to be able to foray into the health­care sec­tor. The board of di­rec­tors of the com­pany has “rec­om­mended ex­plor­ing and en­ter­ing the area of health in In­dia by way of set­ting up state of the art world class multi spe­cialty hos­pi­tals”, ITC said in a no­tice to the share­hold­ers.


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