Business Daily from THE HINDU group of publications
Saturday, Jan 17, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Medical Institutions & Hospitals
States - Karnataka
Narayana Hrudayalaya, Gujarat join hands for health city project

Will initially invest Rs 480 cr in heart hospital.


The project will be followed by cancer, kidney, neurosurgery and women & child welfare hospitals of 1,000 beds each, apart from a nursing college and paramedical training centres.


Our Bureau

Bangalore, Jan. 16 Narayana Hrudayalaya, the hospitals conglomerate promoted by Dr Devi Shetty, said it has signed an MoU with the Gujarat Government to set up a 5,000-bed Health City in Ahmedabad.

Narayana Hrudayalaya, which plans a Health City in every State, will initially invest Rs 480 crore in a 1,000-bed heart hospital, to be operational by June 2010. This will be followed by cancer, kidney, neurosurgery and women & child welfare hospitals of 1,000 beds each, apart from a nursing college and paramedical training centres. The facility is expected to receive 15,000 outpatients a day, Narayana Hrudayalaya said in a release here on Thursday.

The facility will be built on a 37-acre area at Monogram Mills in Bapunagar, Ahmedabad. When built, it would be Asia’s longest hospital spread over half a kilometre and measuring 12.5 lakh sq ft, the healthcare major said.

Mr Viren Shetty of the company signed the MoU with the State Government in the presence of the Gujarat Chief Minister, Mr Narendra Modi, and Narayana Hrudayalaya’s Chairman and renowned cardiac surgeon, Dr Devi Shetty.

Making it affordable

Dr Devi Shetty said the Ahmedabad project was meant to make medical services and technologies affordable to the masses. “This project will generate direct employment for 2,000 people and indirect employment for 5,000 people in the State,” he said.

Apart from Bangalore and Kolkata, the group runs 16 hospitals across Dharwad, Hyderabad, Jaipur, Jamshedpur and Assam.

More Stories on : Medical Institutions & Hospitals | Karnataka

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Stories in this Section
Job creation in top sectors declining, says Assocham study


States and stimulus
‘Economy likely to grow 7-7.5% in 2008-09’
Ratan Jalan launches healthcare consultancy
Questions over health cover renewal
MMTC calls off SEZ deal with Maytas group
Mini Ratna status for Midhani
Delhi hints at reducing sales tax on aviation fuel
‘Bombay High Court could revise its earlier interim order on RIL’
Bangalore to host pharma summit on Jan 24
Sikkim: Strike against power projects enters 577th day
US nuclear team for long-term tie-ups
Maharashtra plans more wine institutes
Satya Prabhakar, President and CEO, Sulekha.com; Loyola Institute of Business Administration, Chennai
No reason to change governance system: IIM-A
Decline in overseas scholarship offers likely
Narayana Hrudayalaya, Gujarat join hands for health city project
2009 looks ‘positive’ for real estate
PSU banks want lowering of risk-weight on small home loans
Gujarat summit: Energy sector gets maximum investment proposals
Export of rice to African nations permitted
Karnataka Tourism chalks out new formats to woo visitors


Life



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line