Dr Batra's Healthcare is aiming to open 50 new homoeopathy clinics across the country and abroad by the end of the current financial year as part of its expansion plans.
"We plan to open 50 more clinics thereby taking the total number of clinics to 200 by the end of this financial year," Dr Batra's Healthcare Founder and Chairman Mukesh Batra told PTI.
The clinics in India will be in a mix of company owned and franchise models. In tier I and tier II cities the clinics will be mainly owned by the company while in smaller towns they will be franchised, he added.
"Our Franchise partners play a prominent role in our success. With their support we have managed to have our presence in tier II, tier III and IV cities," Batra said.
Without giving out the amount, he said the investments on expansion will be made through internal accruals.
The homoeopathy clinics chain is looking for locations in which it is already present and is also plans to foray in the new cities.
"We plan to open more clinics in existing cities such as Mumbai, Delhi, Bangalore, Hyderabad, Chennai, Kolkata, Ahmedabad, Pune, Indore, Chandigarh, Lucknow, Surat, Jaipur," Batra said.
There are plans to open clinics in cities like Rajkot, Calicut, Silchar, Durgapur, Mehsana, Gondia, Aligarh, Moradabad, Sikkim, Dibrugarh, Panipat and Jamnagar among others, he added.
"Overseas the new clinics will be one in Bangladesh, one in Dubai which will be our third there and one in London where we already have a clinic," Batra said.
Founded in 1982 in Mumbai, Dr Batra's Healthcare has 150 clinics across India, Dubai and London.
