News: Emaar MGF forays into healthcare biz

(PTI 02/05/2007) Mumbai - Real estate developer Emaar MGF Land is planning to enter the healthcare and education sector in the country with a chain of 50 hospitals and 100 schools and universities over the next seven years. "In the healthcare sector the company plans to launch a chain of 50 hospitals in the next seven years," Emaar MGF Land Pvt Ltd Managing Director and Executive Vice Chairman Shravan Gupta told the media. In the education sector, the company is aiming at 100 schools and some universities in the country. "We plan to bring in 100 schools and few universities in India in the next seven years," he said. Emaar MGF is adopting a holistic approach toward healthcare would be putting up both primary and secondary hospitals across the country, he said. Speciality hospitals would be introduced depending upon the need and requirement of a specific region, he said.