Aster DM Healthcare Signs MoU With Government of Tamil Nadu, India To Invest Rs. 500 Crore

Press release

Published March 28th, 2022 - 02:58 GMT

Aster DM Healthcare Signs MoU With Government of Tamil Nadu, India To Invest Rs. 500 Crore

During the event

Highlights

Aster DM Healthcare, one of the largest integrated healthcare providers in GCC and India, has signed a Memorandum of Understanding with The Government of Tamil Nadu, India to set up healthcare facilities in the State. The MoU was presented by Dr. Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare, who met Shri M.K Stalin, Honourable Chief Minister of Tamil Nadu, on Saturday during his visit to Dubai.

The MoU proposed an investment of Rs 500 crores in hospitals, pharmacies and laboratories in the State. This will help provide quality healthcare at affordable cost to the people of Tamil Nadu and generate employment for more than 3500 people. Chief Minister M.K. Stalin has 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 Rs. 3000 crores. 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 Telengana.

Background Information

Aster DM Healthcare

Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in multiple GCC states and is an emerging healthcare player in India. With an inherent emphasis on clinical excellence, we are one of the few entities in the world with a strong presence across primary, secondary, tertiary and quaternary healthcare through our hospitals, and clinics. We have over 19,800 plus dedicated employees across the geographies that we are present in, delivering a simple yet strong promise to our different stakeholders: “We’ll treat you well.” We reach out to all economic segments in the GCC states through our differentiated healthcare services across the “Aster”, “Medcare” and “Access” brands.