Aster DM Healthcare to invest Rs 500 crore to provide healthcare at affordable cost in Tamil Nadu

Dubai: Aster DM Healthcare has signed a Memorandum of Understanding (MoU) 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.

Read also: Aster DM launches 49 bedded Women and Children Care Hospital in Bangalore

Chief Minister M.K. Stalin has encouraged the initiative and ensured support to the healthcare group.

Read also: Aster Labs launches its Advanced Pathology Lab in Karnataka

Aster DM Healthcare Limited is one of the largest private healthcare service providers operating in Gulf Cooperation Council (GCC) and in India. The company was founded in 1987 in Dubai, United Arab Emirates (UAE) by Azad Moopen, a doctor-turned entrepreneur.

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 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.

Read also: Aster DM launches 49 bedded Women and Children Care Hospital in Bangalore