SRL Diagnostics aims to spread its network around the globe

SRL Diagnostics, owned by Fortis-group is planning to add laboratories in Gulf States, South Asia and Africa.

The company is aiming to increase its revenue by 8-10 percent within the next five years from overseas operations.

Sanjeev Vashishta, CEO, SLR Diagnostics, said that it has recently opened a laboratory in Congo and is aiming to expand in Gulf region.

He also added that currently it has five laboratories in Dubai, Sri Lanka, Nepal and Congo and is going to open another five overseas labs within next six months.

According to the reports, the company is investing around 50 crore INR capital and it targets to earn around 150-160 crore INR from operations in 2016. Vashishta has refused to discuss the SLR Diagnostics valuations.

Within India the group runs 738 lab units and has over 7,450 collection centres.