HCL Corp makes foray into healthcare

Initial investment is in the vicinity of Rs.1,000 crore

February 06, 2014 09:53 pm | Updated May 18, 2016 06:30 am IST - NEW DELHI:

Shiv Nadar (centre), Founder Chairman, HCL, flanked by Ronald J. Daniels(right), President, Johns Hopkins University, and Surya Mohapatra, Chairman, HCL Healthcare, during the launch of HCL Healthcare in New Delhi on Thursday. Photo: V. Sudershan

Shiv Nadar (centre), Founder Chairman, HCL, flanked by Ronald J. Daniels(right), President, Johns Hopkins University, and Surya Mohapatra, Chairman, HCL Healthcare, during the launch of HCL Healthcare in New Delhi on Thursday. Photo: V. Sudershan

HCL Corporation, on Thursday, announced its foray into the healthcare sector with the launch of HCL Healthcare that seeks to address the entire spectrum of healthcare needs, providing healthcare delivery, innovative medical services, and training to meet the growing need for quality healthcare.

Multi-speciality clinics

To begin with, Shiv Nadar, founder and chairperson of HCL, Shiv Nadar Foundation, launched HCL Avitas — multi-speciality clinics — in affiliation with Johns Hopkins Medicine International.

The two HCL Avitas clinics in the national capital, which will become functional from Friday, will provide “unmatched patient experience and outcomes by adopting global best practices for medical quality and training, using evidence-based systems and integrating advanced technology”. HCL Avitas will offer the best of patient-centric care aimed at providing long-term care needs.

The clinics will be networked, giving patients access to their medical history and to the best specialists available in the systems. “Education, healthcare and technology will be the key enablers of our country’s future progress and growth. Today is a day of immense joy for me as we announce our entry into healthcare,” Mr. Nadar told reporters at the launch of HCL Avitas.

HCL Corporation had decided to invest “as much money as needed” for the project with an initial equity investment of Rs.1,000 crore.

Open to acquisition

“We will start new clinics and are also open to acquiring the existing ones. The two clinics in Delhi have been taken over.

“The target is to reach out to 20 million people by 2020,” Shikhar Malhotra, Vice-Chairperson of HCL Healthcare, said.

HCL Healthcare Chairperson Surya Mohapatra said the project was committed to provide innovative medical services, products, trainings and information to meet the needs of the patients, physicians and organisation”.

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