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Tata Group to Invest INR 500 Cr in Breach Candy Hospital, Strengthening Healthcare Presence

Written by : Jayati Dubey

February 19, 2025

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Tata Group will secure three positions on the hospital's 14-member board of trustees as part of this investment. 

Tata Group, India's largest conglomerate, is set to expand its presence in healthcare with an INR 500-crore contribution to Mumbai's Breach Candy Hospital, according to TOI's report. 

The investment will make Tata Group the hospital's largest financial backer, enabling it to gain influence in the hospital's management and operations. 

This move aligns with Tata's existing healthcare initiatives, including the Tata Memorial Centre for Cancer Care and an animal hospital in Mumbai's Mahalaxmi area.

Changes in Leadership & Governance at Breach Candy

Tata Group will secure three positions on the hospital's 14-member board of trustees as part of this investment. 

Additionally, Tata Sons Chairman N Chandrasekaran will take over as chairman of Breach Candy Hospital Trust from veteran banker Deepak Parekh on October 1, 2025. Parekh, however, will remain on the board as a trustee.

The hospital will retain its name, but the Tata brand may be incorporated in some form, with one possibility being "Breach Candy, a Tata Sons associate." 

The funding will be directed toward infrastructure and technology enhancements to improve patient care.

Historical Ties Between Tata Group & Breach Candy Hospital

Breach Candy Hospital Managing Trustee Uday Kilachand emphasized the long-standing relationship between Tata Group and the hospital. 

He noted that Ratan Tata had maintained a deep connection with the facility over the years, both as a benefactor and a patient. 

Through Tata Trusts, Ratan Tata informally supported the hospital by funding medical equipment and facilities. The latest investment formalizes this association, strengthening Tata's role in the hospital's future development.

Breach Candy Hospital has a rich history, having been established in 1946 by the European Hospital Trust with financial support from companies such as Unilever, Forbes, and Crompton Greaves. 

The hospital originally functioned as a 25-bed nursing home designed by British architect Claude Batley before transitioning to a multi-specialty hospital under the Breach Candy Hospital Trust.

The hospital has been a preferred medical facility for many prominent personalities over the years. 

Former Prime Minister Atal Bihari Vajpayee underwent knee surgery at Breach Candy, while actor Amitabh Bachchan was admitted in 1982 after sustaining injuries during the filming of Coolie. 

In 2002, Reliance Group founder Dhirubhai Ambani passed away at the hospital following a stroke. More recently, in October 2024, former Tata Group Chairman Ratan Tata passed away at Breach Candy due to age-related ailments.

Planned Infrastructure & Technological Upgrades

According to Breach Candy Hospital CEO Anirudh Kohli, Tata Group's investment will be utilized to upgrade medical infrastructure, enhance technology, and improve patient care facilities. 

The hospital currently consists of three buildings, with plans underway to construct an additional tower to expand its capacity.

The hospital's board of trustees includes notable business leaders such as Mahindra Group Chairman Anand Mahindra, Godrej & Boyce's Jamshyd Godrej, and Aditya Birla Group's Rajashree Birla.

Other trustees include Mehli Mistry from M Pallonji Group, Pallon Mistry from Shapoorji Pallonji Group, Hindustan Unilever CEO Rohit Jawa, and former TCS CEO S Ramadorai. 

While Ramadorai and Mehli Mistry serve as independent board members, they will not be included among Tata Group's representatives.

Tata Group's investment in Breach Candy Hospital comes at a time when other conglomerates are also expanding their footprint in Mumbai's healthcare sector. 

The Adani Group has announced plans to build a 1,000-bed hospital and medical college in Kandivli, marking its entry into the city's healthcare industry. 

With this investment, Tata joins conglomerates such as Reliance, Hinduja, Birla, and Raheja in strengthening Mumbai's medical infrastructure.

Stay tuned for more such updates on Digital Health News.


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