Manipal Health Systems to make foray into retail market

Bangalore, Aug 7 (UNI) Hospital management group, Manipal Health Systems, will make its foray into retail market by opening 100 healthcare stores across the country in the next two years.

A comprehensive Healthcare Retail brand ''Manipal Cure and Care'' would be launched through a joint venture partnership with Pantaloon Retail (India) Ltd, the retailing leaders who manage the Central, Big Bazaar and Food Bazaar malls.

''For the first time in India, comprehensive healthcare stores is planned to offer pharmacy, doctor consultations, cosmetology, optometry, dentistry, sports medicine and sports rehabilitation under one roof,'' Dr Ranjan Pai, CEO, Manipal Education and Medical Group, said in a release here today.

He said India's healthcare industry was today recognised world over and poised to grow on par with the IT sector. The company's healthcare stores would be an innovative model bringing healthcare delivery out of hospitals and clinics into a mall environment, he added.

UNI RS RG 1927