Apollo Hospitals to Invest INR 300 Cr in New Facilities in Lucknow & Varanasi

These projects are part of the company’s larger ₹6,100 crore expansion plan to add over 3,500 beds across 11 locations in India by FY26. 

Apollo Hospitals is investing INR 300 Cr  to establish two new hospitals in Uttar Pradesh under the Apollo Medics brand.

Reportedly,  the plan includes a 220-bed facility in Lucknow with an investment of ₹124 crore, which will be an extension of the existing hospital in Ashiana.

The second project in Varanasi involves a 457-bed greenfield hospital with an estimated cost of ₹189 crore. This will be Apollo’s first hospital in Varanasi.

These projects are part of the company’s larger ₹6,100 crore expansion plan to add over 3,500 beds across 11 locations in India by FY26. Other planned locations include Mumbai, Chennai, and Gurgaon.

In a similar development, recently, Apollo Hospitals Enterprise Limited (AHEL)received in-principle board approval to spin off and separately list its digital health and pharmacy business units as part of a broader strategic reorganization. Following this, Apollo HealthCo (AHL), the group’s omnichannel healthcare arm, and Keimed, a wholesale pharma distributor, were merged into the new company.

The combined entity seeks to bring together Apollo 24/7 (the digital health platform), offline pharmacy operations from AHL, third-party pharma distribution of Keimed, and AHEL’s telehealth services.

Prathap C Reddy, Chairman, Apollo Hospitals Group, said, “The omnichannel pharmacy business and integrated digital healthcare ecosystem will be a unique model to enable access to high-quality healthcare for millions of Indians. What Apollo Hospitals achieved for the creation of the private healthcare industry in India, this new entity will create for the digitally forward generation of tomorrow.”

AHEL Managing Director Suneeta Reddy added that while AHEL will maintain its focus on healthcare delivery, the new entity will accelerate its efforts on deepening customer engagement and penetration, with clear capital allocation outlays, growth plans and management teams driving both.

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