MUMBAI: Tata Group, India’s largest conglomerate, is about to increase its presence in healthcare by a Rs 500-crore contribution to Breach Candy Hospital, a transfer that can convey the elite 275-bed multi-speciality SoBo hospital inside its ambit of affect.
The funding will place the $165-bn Tata Group because the hospital’s largest monetary backer, enabling it to add three representatives to the current 14-member board of trustees. Group chairman N Chandrasekaran will exchange veteran banker Deepak Parekh as chairman of Breach Candy Hospital Trust from Oct 1, 2025. The hospital will retain its identify, although the Tata model shall be included in some kind, with one chance being “Breach Candy, a Tata Sons associate”. The funding is anticipated to assist infrastructure and technological enhancements on the facility that has historically been favoured by the wealthy and well-known, extra so by these with ‘previous cash’.
Breach Candy managing trustee Uday Kilachand mentioned the “deep connection” that Ratan Tata had with the ability has “now evolved” and the Tatas have “formalised” the affiliation. This is Tata Group’s third healthcare mission in Mumbai after Tata Memorial Centre in Parel for most cancers analysis and therapy and an animal hospital arrange in Mahalaxmi final yr.
Breach Candy, which launched India’s first MRI facility in 1998, was established in 1946 by European Hospital Trust with monetary assist from European firms working in pre-Independence India, resembling Unilever, Forbes & Crompton Greaves.
These firms have maintained ties with the hospital by their representatives who’re on the board.
Designed by British architect Claude Batley as a 25-bed nursing house, its possession transitioned to Breach Candy Hospital Trust, registered beneath Indian Trusts Act and Section 8 of the Companies Act.
Former PM Atal Bihari Vajpayee was right here for his knee surgical procedure. Actor Amitabh Bachchan’s admission in July 1982 adopted accidents sustained in the course of the filming of Coolie. The facility additionally witnessed the passing of Reliance Group founder Dhirubhai Ambani in July 2002, 13 days after he suffered a stroke. In Oct 2024, former Tata Group chairman Ratan Tata handed away on the hospital due to age-related illnesses.
“Ratan Tata maintained a deep connection with Breach Candy hospital, both as an admirer and benefactor. He relied on the hospital’s doctors and nursing staff for his personal healthcare needs. Through Tata Trusts, he provided financial assistance to the hospital for establishing facilities and acquiring medical equipment, albeit on an informal basis. However, the relationship has now evolved as Tata Sons has formalised its association with the hospital through an official understanding,” mentioned Kilachand.
Parekh will proceed as trustee even after Chandrasekaran takes over. Other notable trustees embody Mahindra Group chairman Anand Mahindra; Jamshyd Godrej of Godrej & Boyce; Rajashree Birla, mom of Aditya Birla Group chairman Kumar Birla; M Pallonji Group director and Tata Trusts trustee Mehli Mistry; Pallon Mistry of Shapoorji Pallonji Group; Hindustan Unilever CEO Rohit Jawa; and former TCS CEO S Ramadorai. Ramadorai and Mehli, who function impartial board members, won’t be counted amongst Tata Group’s representatives.
Breach Candy CEO Anirudh Kohli outlined that the funding by Tatas could be used to improve the hospital’s infrastructure, together with state-of-the-art gear and expertise. The hospital presently contains three buildings; plans embody to assemble a further tower.
Tata Group’s funding coincides with Adani Group’s plans to assemble a 1,000-bed hospital and medical faculty in Kandivli, marking its entry into Mumbai’s healthcare sector. It additionally locations Tata alongside different conglomerates like Reliance, Hinduja, Birla, and Raheja in Mumbai’s healthcare business.
