DM Healthcare to invest Rs 2,150 cr in Kerala

The company also plans to invest Rs 550 cr on various projects including medical colleges.

Written by Agencies | New Delhi | Published: September 11, 2012 6:23 pm

Dubai-based DM Healthcare today said it will invest over Rs 2,100 crore for developing several healthcare facilities at multiple locations in Kerala.

Kerala is a high priority destination for investment in view of the demand for advanced healthcare facilities,DM ealthcare Chairman Azad Moopen said in a statement.

As part of five-year plan,the company is investing Rs 1,300 crore in Aster Medcity project in Kochi.

Another Rs 300 crore is being planned for investment on setting up three Aster Cluster hospitals in the state.

In addition,the company also plans to invest Rs 550 crore on various projects including medical colleges and hospitals across the state,it added.

According to the company estimates,most of the projects are expected to be operational in the next five years.

Moopen said Aster Medcity will also provide venue for medical tourism to the country from abroad.

The DM Healthcare presently consists of more than 145 establishments,providing primary,secondary and tertiary healthcare with management and consultancy services,treating more than 20,000 patients a day.

The Group,which has a turnover of Rs 2,000 crore,will add over 3,000 beds to its hospital network in India after completion of its various projects in the next five years,the company said.

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