Hiranandani Group is planning to set up a 200-bed hospital in Thane in Maharashtra, India.
The proposed hospital will offer services such as cardiac care, orthopaedics, cancer care, obstetrics and gynaecology, infertility treatment, and dental care.
Company director Niranjan Hiranandani said that it will spend Rs2bn ($41.8m) on the hospital, which is being built on a two-acre stretch of land.
The facility is expected to be operational within the next two years.
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