Latest News | Aster DM Healthcare to Invest Rs 500 Cr in TN; Inks MoU with Govt
Get latest articles and stories on Latest News at LatestLY. : Healthcare major Aster DM Healthcare on Sunday said it has earmarked Rs 500 crore investment to set up hospitals in Tamil Nadu and has signed a memorandum of understanding with the government in this connection.
Chennai, Mar 27 (PTI): Healthcare major Aster DM Healthcare on Sunday said it has earmarked Rs 500 crore investment to set up hospitals in Tamil Nadu and has signed a memorandum of understanding with the government in this connection.
The MoU proposed include setting up of hospitals, pharmacies and laboratories in the state aimed at providing quality healthcare to the people, a press release said here.
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During the maiden overseas trip undertaken by Chief Minister M K Stalin to Dubai on Saturday, Aster DM Healthcare founder-chairman and managing director Azad Moopen exchanged documents with the Guidance Tamil Nadu Managing Director and CEO, Pooja Kulkarni for establishing the healthcare facilities in the state.
The investment by Aster DM Healthcare would help the healthcare provider to further expand its services to all South Indian states.
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Aster DM Healthcare has a predominant presence in southern and western states in India with investments ranging Rs 3,000 crore. Recently, the group announced collaboration with Indian Institute of Science, Bengalru to launch an artificial intelligence laboratory, it added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)