GEMS Education plans to infuse Rs 500 crore over the next three years to increase its presence through a network of owned, managed or leased schools in the country.
The company is holding talks with Ansal Properties and Infrastructure (APIL) for leasing schools in some of the firm's townships across various cities. Currently, GEMS owns, manages or leases 17 schools with half of them operational at present and the rest under construction. It plans to have 100 schools by March 2014.
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