SRL to invest Rs. 450 cr for setting up 45 medical diagnostic labs.

Leading medical diagnostics firm SRL Ltd. will invest about Rs. 450 crore and open 45 laboratories across India in 2014-15.

The largest of these laboratories will be opened in Gurgaon with an investment of about Rs. 350 crore. With five more to be opened, Gujarat will have 23 laboratories this year, an official said.

The company is also exploring with various state governments to replicate the public-private partnership (PPP) model under which it already operates 24x7 medical diagnostic laboratories in all 24 districts of Himachal Pradesh under a contract with the Himachal Pradesh Government, Sanjeev Vashishta, Chief Executive Officer, told Business Line recently.

Its samples collection logistics in the hilly state includes transportation of samples for pathological tests using any vehicles from bicycles to aircraft. 'Within six hours, our samples reach their nearest laboratory and tests are completed in most cases in the next four hours.'

HBL