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Business Personality in Focus



Dr Pratap.C. Reddy ,Chairman ,Apollo Group of Hospitals
"The Midas Doctorpreneur of Hyderabad"













After being the Chief Resident of the Worcenter City Hospital in the US ,he set up his foot in India with the aim of doing something for the Country. Started his practice in Madras with just a modest earning of Rs 100/- per day and then went on to become the highest earning Doctor in the country.What started in Hyderguda as a well equipped clinic is now a 350-bedded Hospital .

The Apollo Hopsital group was founded by this Midas Doctorpreneur, set up its first Hospital in Chennai as India's first Corporate hospital, offering a complete range of sophisticated facilities for the patients. With 2,600 beds , Apollo is one of the Asia's largest Health care players . The Apollo group is the first to set up Hospitals outside the country and the first to attract foreign investments.

With the merge and swap ratio announced between its three group companies, Indian Hospitals Corporation Limited(IHCL), Deccan Hospitals Corporation Limited(DHCL), and OmSindoori Hospitals Corporation Private Limited(OSHCL) with the parent company, the capital of the merged entity stands at Rs 37.56 crores and the turnover Rs. 288 crores. Besides the three merged companies, Apollo has the Indraprastha Hospitals in Delhi where the Delhi government has a 26 percent investment .

The group has ambitious plans of expansion overseas in Srilanka , Bangladesh and Nepal as well as setting up medium size super speciality hospitals in Mumbai and Ahmedabad. In addition , a nation wide network of clinics and diagnostic facilities are planned to bring Health Care closer to the patient.

Thanks to his endeavors, the health care scenario of India has changed ,with over 750 corporate hospitals being established all over the country.

Reach-out salutes the entrepreneurship of this Doctor from Hyderabad and indeed his endeavors are leaving a path for others to follow.

February'2000

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