CK Birla group firm Birla Fertility & IVF to invest Rs 500 cr in 2-3 yrs

The USD 3-billion CK Birla group company Birla Fertility & IVF is looking to invest Rs 500 crore in the next 2-3 years as it seeks to capture a larger share in the domestic market, a company statement said on Thursday.

Birla Fertility & IVF, which is the third largest fertility chain, plans to extend its presence in the southern region by establishing 10-12 new centres across Karnataka, Tamil Nadu, Kerala, Telangana and Andhra Pradesh within the next 12-24 months, the company said.

"The group is viewing for a bigger share of the IVF market and plans to invest Rs 500 crore in next 2-3 years," it said.

By investing heavily in infrastructure and leveraging its expertise, Birla Fertility & IVF intends to provide fertility solutions to a broader audience, particularly in Tier II and Tier III cities, Avanti Birla, Chairman and Founder of Birla Fertility & IVF, said.

Abhishek Aggrawal, Chief Business Officer at Birla Fertility & IVF, said that we have expanded across ...