Metropolis Healthcare is planning to set up more laboratories and collection centers in India.
The company is likely to set up 12 new laboratories and over 75 new collection centers with an investment of close to Rs 70-80 crore. The expansion plan is to be funded through internal accruals.
Also, the company is looking to add brownfield laboratories in the tier II and tier III cities like Nagpur, Cochin, Amritsar among others. It is looking at acquiring companies in Rajasthan, Punjab, Uttar Pradesh, Chhattisgarh and West Bengal.