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Asian attracts investment from CDC Group

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The new investment will expand the number of beds available to patients from the current level of 700+ to close to a 1,750 by 2021

Asian Institute of Medical Sciences (Asian), a 725-bed tertiary care service provider with facilities spread across Delhi NCR, Haryana, UP, Bihar and Jharkhand has received investment from CDC, the UK’s development finance institution, a leading investor operating in growth markets.

Over the last three years, the company has further expanded the business with four more hospitals at Dhanbad, Moradabad, Sambhal, Yamuna Vihar and three primary healthcare clinics in and around Faridabad. As part of the next phase of expansion, the Group intends to add 1,000 more beds over the next three years with new hospitals being planned across states of Delhi NCR, Haryana, UP, Bihar and Jharkhand.

Dr Narendra Kumar Pandey, CMD, Asian said, “This investment lets us expand and develop high-quality medical facilities, allowing us to replicate our success at Faridabad across the other major towns in UP, Bihar and Jharkhand. The new investment gives us the capacity to expand the number of beds available to patients from the current level of 700+ to close to a 1,750 by 2021.”

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