BBN Bureau
Group to invest Rs500 cr in state’s healthcare
DUBAI/March 27-2022: Aster DM Healthcare has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu, to set up healthcare facilities in the state.
The MoU was presented by Dr Azad Moopen, the chairman and managing director (CMC), Aster DM Healthcare, to MK Stalin, the chief minister of Tamil Nadu, on Saturday during the latter’s visit to Dubai.
The MoU proposed an investment of Rs500 crore in hospitals, pharmacies and laboratories in the state. This is expected to help provide quality healthcare at affordable cost to the people of Tamil Nadu and generate employment for more than 3500 people.
A statement from DM Healthcare said the chief minister MK Stalin (seen in the picture) had encouraged the initiative and ensured support to the healthcare group.
Currently, Aster has 14 hospitals, 9 clinics and 66 labs & patient experience centres in India, with an approximate investment of Rs3000 crore. With 5 hospitals in Kerala including Aster Medcity, the flagship hospital of the group, the investment in Tamil Nadu will further solidify its presence in the South.
Apart from Kerala, Aster has healthcare facilities spread across Karnataka, Maharashtra, Andhra Pradesh and Telangana. DM Healthcare Aster DM Healthcare is one of the largest private healthcare service providers operating in the GCC and in India.
The group is one of the few entities in the world with a strong presence across primary, secondary, tertiary, and quaternary healthcare through its 27 hospitals, 118 clinics, 323 pharmacies and 66 labs & patient experience centres in seven countries, including India.
