Apollo Sugar, set up by Apollo Hospital group in collaboration with pharmaceutical company Sanofi, plans to set up 100 clinics by FY18 end and 300 clinics over the next three years. It currently operates 52 clinics across India.
“According to estimates of Union health ministry, the total spending on diabetic care is about `1.5 lakh crore per annum in India and every patient spends about `30,000 a year on diabetic care. In spite of such huge spending, quality health care for diabetes patients is still out of reach. We want to reach out to the un-served and under-served by expanding our clinics across all territories,” said Gagan Bhalla, CEO, Apollo Sugar.
Bhalla adds that by providing quality comprehensive diabetes care under one roof at cheaper rates, Apollo Sugar wants to have an upper hand in the under-served diabetic care market in India.
Apollo Sugar is focusing on Tier-2 cities and rural areas for expansion. Right now, it is operating in metro cities like Chennai, Bengaluru and Hyderabad.
“We are ready for public private partnership for providing preventive diabetic screenings and treatments through government hospitals and are in talks with several state governments and Union governments,” Bhalla added.