Talwalkars Health Clubs Ltd, popularly known as Talwalkars, was India's largest chain of health clubs. At its peak it had 152 Health Clubs across 80 cities in India on a consolidated basis, with over members. In 2020 bankruptcy proceedings were issued against the company for defaulting on loan payments.

History

Established in 1932, by late Mr. Vishnupant Talwalkar, his eldest son - Madhukar Talwalkar, further continued under the name "Talwalkars Gymnasium" in

Bandra Bandra (Indian English, æːɳɖɾa also known as Vandre (Help:IPA/Marathi, �aːn̪d̪ɾe is an upscale coastal suburb located in Mumbai (Bombay) area of the Konkan division, Maharashtra, India. The suburb is located to the immediate nor ...

, Mumbai in 1962. In March 2014, UK based

David Lloyd Leisure David Lloyd Leisure is Europe's largest health, fitness and leisure business by revenue, operating 130 clubs across nine countries. History David Lloyd established David Lloyd Leisure in 1982 and opened the first club, aimed at providing a fa ...

group begun talks with the management of Talwalkars to acquire around 20 percent stake in the company. In June 2015, Talwalkars Better Value Fitness and David Lloyd announced their intention to create a joint venture (JV) establishing and managing leisure clubs in India.

References

{{reflist Health clubs Medical and health organisations based in India Companies based in Mumbai Health care companies established in 1932 1932 establishments in India Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange