Monday, March 17, 2025 | 01:00 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

ITC on the hunt for partnerships for its hospital venture

Earlier, stakeholders were told the venture could be utilised for supporting 'medical tourism'

ITC Ltd
Premium

A man talks on his mobile phone as he walks past an ITC office building in Kolkata. Photo: Reuters

Ishita Ayan Dutt Kolkata
Diversified conglomerate ITC might explore the option of partnerships for its proposed multi-specialty hospitals.

In January, it sought shareholders’ approval to alter its memorandum of association to enter the health care sector. It is now in the process of assembling a team to prepare a plan. It is yet to set a schedule for the venture's takeoff.

Sanjiv Puri, CEO & executive director, says there is already a degree of synergy between the company’s existing line of business and the health care initiative. “One piece of hospitals is the hospitality bit, which ITC knows well. For the piece on medical

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in