Visaka Industries Limited — Others, 15-02-2025: Copy of Newspaper Publication

MaxiVision, the South Indian eye care hospital chain led by GSK Velu, is set to expand in western India with a ₹500 crore investment plan targeting Maharashtra. The company aims to establish five new hospitals in Mumbai next year and enhance its presence in cities like Nagpur, Nashik, Pune, and Kolhapur. This expansion strategy also includes two brownfield acquisitions in Mumbai. With the goal of reaching 100 centers in two years, this initiative is expected to strengthen the company’s market position while potentially increasing access to advanced ophthalmic care. Investors might view this as a positive outlook for growth and revenue expansion in the healthcare sector.