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Peerless Group Makes Healthcare Its Main Near-Term Investment Focus
Peerless is a business group that works in areas including finance, real estate and healthcare.
Its leader, Jayanta Roy, said healthcare will be its biggest focus for now.
The group is investing ₹1,300 crore in healthcare and real estate.
It has already spent ₹900 crore and plans to spend the remaining ₹400 crore this financial year.
Some of the money will go toward a project in New Town, and some will buy healthcare equipment.
The group has acquired two hospitals, one in Barasat and one in Guwahati.
It also built a cancer centre at its Panchasayar hospital campus.
Peerless wants to make its hospitals work more efficiently and offer more specialised care.
Roy said the group does not immediately plan to buy or build another hospital.
Peerless vice-chairman and managing director Jayanta Roy said healthcare will be the group’s main focus in the immediate future.
The group is investing ₹1,300 crore across healthcare and real estate, including the acquisition of two hospitals.
Peerless has spent ₹900 crore and plans to invest the remaining ₹400 crore during the current financial year.
The planned spending includes ₹300 crore for a mixed-use project in New Town and ₹100 crore for healthcare equipment.
Roy said Peerless plans to improve hospital efficiency and expand high-end tertiary care, with no immediate plans for further hospital acquisitions or construction.
- Who
- Peerless Group and its vice-chairman and managing director, Jayanta Roy.
- What
- Peerless plans to make healthcare its main near-term focus while continuing its finance and real-estate businesses.
- Where
- The group’s healthcare and real-estate projects include locations in Barasat, Guwahati, Panchasayar and New Town.
- When
- Roy made the remarks around the 20th CII Healthcare East 2026 conclave; the group plans to invest the remaining ₹400 crore in the current financial year.
- Why
- Roy said the group aims to provide the right treatment at the right cost and build on trust earned through cost-effective clinical outcomes.
Key facts
- Planned investment
- ₹1,300 crore in healthcare and real estate
- Spent so far
- ₹900 crore
- Remaining investment
- ₹400 crore planned for the current financial year
- New Town project
- ₹300 crore planned for Peerless Trayam, a mixed-use development in Action Area I
- Healthcare spending
- ₹100 crore planned, including investment in high-end equipment
- Hospital acquisitions
- Two hospitals: one in Barasat and one in Guwahati
- Cancer centre
- SRIOS–Peerless Cancer Centre, a 10-storey building at the group’s Panchasayar hospital campus
Quotes
Jayanta Roy
Vice-chairman and managing director of Peerless General Finance & Investment Co Ltd.
“Over the next four years, our focus will be on improving the efficiency of the hospitals and moving towards high-end tertiary care. We are also focusing on improving operational efficiency.”
telegraphindia.com
“Finance and real estate, the two major divisions of the group, will continue. But the main focus will be on healthcare.”
telegraphindia.com
Sources
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