Indian Economy News

Dubai-based Aster DM Healthcare to invest Rs 600 crore in Kerala in next three years

  • IBEF
  • June 15, 2016

New Delhi: Aster DM Healthcare, one of the leading healthcare group headquartered in Dubai, plans to invest Rs 600 crore (US$ 89.25 million) in various Kerala-based healthcare projects over the next three years. Last month, the Aster DM Healthcare Group had already announced two new projects in Kerala, which include a 250 bed multi-specialty hospital in Kannur and a 300 bed super-specialty hospital in Kozhikode. Dr Azad Moopen, Chairman and MD, Aster DM Healthcare has now announced a new 500 bed super-speciality hospital in Thiruvananthapuram. The Group currently operates a total of 16 hospitals, over 85 clinics and 200 pharmacies in the Middle-East and India. In India, they have eight hospitals with a total 1,840 beds, which include four in Kerala, two in Maharashtra, one in Telangana and one in Karnataka.

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