Artemis Medicare Services Limited announced that at its board meeting held on August 8, 2023, has evaluated and approved a detailed expansion plan of Tower III in flagship Hospital located at Sector-51, Gurugram with approximate cost of INR 1,500 million. Existing capacity: 713 Beds including centres. Existing capacity utilization: ~60% plus at consolidated level.

Proposed capacity addition: ~200 Beds. Expansion is expected to be completed by early fiscal year 2025. Mode of financing: Internal accruals and Bank financing.

This facility will add capacity in the flagship hospital to cater to the increasing demand of quality healthcare service in Delhi NCR.