Centre for Sight eyes 10-fold profit

The Centre for Sight chain of super-specialty eye hospitals, the largest chain of laser vision correction centres in India, is seeking to capture 8% of the market in the next three years.

The Centre for Sight chain of super-specialty eye hospitals, the largest chain of laser vision correction centres in India, is seeking to capture 8% of the market in the next three years. The chain, which has 35 hospitals across the country, has 1.5% market-share at present.

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The Indian eye care delivery market is currently pegged at at $1 billion (Rs 5,500 crore) and expected to hit $2.4 billion (Rs 13,200 crore) by 2017 “In the next four years, we plan to have 70 centres across India, to have an eight times higher growth and 10 times higher profit,” said MS Sachdev, chairman, Centre for Sight.

The group is the largest chain of eye-care providers in Asia, Africa and Australia.

“We intend to have an eye hospital every 10 miles in and around the Capital in the coming years,” Sachdev said.

Next year will see a super-specialty eye hospital in Dwarka, a one-stop shop for eye treatment. “We will build a niche boutique with all specialties associated with eye care under one roof for those who can afford,” Sachdev said.