GPT Healthcare to Build State-of-the-Art Hospital in Jamshedpur

6 Dec 2024 , 10:47 AM

On 5 December, GPT Healthcare Ltd made an announcement that it had entered a Memorandum of Understanding (MoU) and Letter of Intent (LoI) with Naveen Singh and other lessees to construct an upgraded type of hospital building in Jamshedpur, Jharkhand. The building of this hospital shall be leased over for an extended period of time by GPT Healthcare so that uninterrupted services of its health sector might be rendered.

There are numerous stakeholders in the project. It has Naveen Singh, Ankur Singh, Shruti Singh, Vinayak Singh, Akshat Singh, Avinash Gaurav, and Kavita Singh as well. The hospital will come up with the latest and modern infrastructures, hence would transform the medical scene of Jamshedpur.
GPT Healthcare through a regulatory filing ensured that the deal is with third parties, hence is totally free of any conflict of interest, and it would offer absolute transparency.

GPT Healthcare was founded in 2000 by Dwarika Prasad Tantia, Dr. Om Tantia, and Shree Gopal Tantia. The company started its journey with an eight-bed hospital in Kolkata. The ILS Hospitals brand has grown over the years, and today operates four multi-specialty hospitals with a total of 561 beds.

GPT Healthcare is focused on managing mid-sized multi-specialty hospitals and continues to focus on expanding accessibility of healthcare in India.
This is in Jamshedpur at a time when this company would be looking to develop its presence in emerging markets in healthcare and delivery of quality care.