The MoU proposed an investment of Rs 500 crores (5 billion) in hospitals, pharmacies and laboratories in the state
Aster DM Healthcare has signed a Memorandum of Understanding with The Government of Tamil Nadu, India to set up its facilities in the state. The MoU was presented by Dr Azad Moopen, Founder Chairman and Managing Director, Aster DM Healthcare, who met M.K Stalin, Chief Minister of Tamil Nadu, on Saturday during his visit to Dubai.
The MoU proposed an investment of Rs 500 crores (5 billion) in hospitals, pharmacies and laboratories in the state. This will help provide healthcare at affordable cost to the people of Tamil Nadu and generate employment for more than 3500 people. CM M.K. Stalin has encouraged the initiative and ensured support to the healthcare group. This will further expand the services of Aster to all the South Indian states.
In India, Aster has a predominant presence in the southern and western states with its current investment in India at approximately Rs. 3000 cr. The group recently announced collaboration with Indian Institute of Science (IISc) to launch an Artificial Intelligence (AI) lab.
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