Tata Invests ₹500 Crore in Breach Candy: Tata Group wants to expand its presence in the health sector. The group is going to invest Rs 500 crore in Breach Candy Hospital, which will strengthen its infrastructure.
Now Tata Group’s name will also be added to Breach Candy Hospital in Mumbai. Tata Group has decided to make a major investment of ₹500 crore (about $61 million) in this famous multi-specialty hospital. After this investment, Tata Group will become the largest financial partner of the hospital.
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Tata Invests ₹500 Crore in Breach Candy Hospital.
Tata Group, which owns $165 billion, provides financial support to this hospital. It has been decided to add three representatives to the 14-member board for Tata Group Hospital. Changes are also taking place in the board Group chairman N Chandrasekaran will replace veteran banker Deepak Parikh. He will take over as Chairman of Breach Candy Hospital on October 1, 2025.
There will be no change in the name of the hospital. However, Tata’s name could be linked in some way. There is a possibility that the name could be “Breach Candy, A Tata Sons Associate”. This funding is being used to further strengthen the infrastructure of this hospital. With this, technology, etc. will be improved there. So that patients can get good facilities.
Tata Invests ₹500 Crore in Breach Candy: Third Health Care Project of Tata Group
This will be the third healthcare project of Tata Group in Mumbai. Earlier, the Tata Memorial Center for Research and Treatment for Cancer was built in Parel, and last year a hospital for animals was built in Mahalakshmi.
Breach Candy Hospital
The European Hospital Trust had established Breach Candy Hospital before its independence, Established in 1946. Unilever, Fobbs, and Crompton Greaves had invested money in this hospital. Let us tell you, this was the first hospital in the country. In which MRI facility came. This facility started in 1998. This hospital was designed by architect Claude Batley as a 25-bed nursing home. Its ownership was later transferred to the Breach Candy Hospital Trust.
These Famous People have Undergone Treatment.
Atar Bihar Vajpayee’s knees were treated in this hospital. At the same time, in 1992, Amitabh Bachchan was also admitted to the same hospital. Dhiru Bhai Ambani stayed in this hospital during the last period of his life. Ratan Tata was also brought to this hospital at the last moment for treatment.
These Will be the Trustees of the Hospital
The hospital’s trustees include Mahindra Group Chairman Anand Mahindra, Jamshed Godrej of Godrej & Boyce, Aditya Birla Group Chairman Kumar Birla’s mother Rajshree Birla, M Pallonji Group director and Tata Trust trustee Mehli Mistry, Shapoorji Pallonji Group’s Pallon Mistry, Hindustan Unilever CEO Rohit Java and former TCS CEO S Ramadurai.
Breach Candy CEO Anirudh Kohli said Tata’s funding will be used to improve the hospital’s infrastructure. It includes state-of-the-art equipment and technology. The hospital currently consists of 3 buildings and plans to construct an additional tower. Adani Group also plans to build a 1,000-bed hospital and medical college in Kandivali.
Adani competes with Reliance! Competition increased in the health sector This step of Tata Group has come when Adani Group is going to build a big 1,000-bed hospital and medical college in Mumbai. Apart from this, Reliance, Hinduja, Birla, and Raheja groups are also playing big stakes in the healthcare sector.
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