Home HEALTH Tata Group to invest Rs 500 crore in Breach Candy Hospital Expansion

Tata Group to invest Rs 500 crore in Breach Candy Hospital Expansion

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Tata Group will invest ₹500 crore (approximately $61 million USD) in Breach Candy Hospital, expanding its healthcare presence in Mumbai, ToI reported. This investment makes Tata Group the hospital’s biggest financial supporter.

The investment will give Tata Group three seats on the hospital’s 14-member board of trustees. N Chandrasekaran, Tata Group chairman, will become chairman of the Breach Candy Hospital Trust starting October 1, 2025, replacing Deepak Parekh. The hospital will keep its name but will incorporate the Tata brand, possibly as “Breach Candy, a Tata Sons associate.” The funds will improve infrastructure and technology.

This is Tata Group’s third healthcare project in Mumbai, following Tata Memorial Centre and an animal hospital. Breach Candy Hospital, a 275-bed multi-specialty facility, was founded in 1946.

Breach Candy Hospital Managing Trustee Uday Kilachand said, “Ratan Tata maintained a deep connection with Breach Candy hospital, both as an admirer and benefactor. He relied on the hospital’s doctors and nursing staff for his personal healthcare needs. Through Tata Trusts, he provided financial assistance to the hospital for establishing facilities and acquiring medical equipment, albeit on an informal basis. However, the relationship has now evolved as Tata Sons has formalised its association with the hospital through an official understanding.”

The investment will be used to upgrade equipment and technology and potentially add a new building to the existing three. This move comes as Adani Group plans a 1,000-bed hospital and medical college in Mumbai, and positions Tata Group alongside other large companies like Reliance, Hinduja, Birla, and Raheja in the city’s healthcare sector.

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