News

Global Health, which operates hospitals under the Medanta brand, on Monday said it plans to invest around Rs 500 crore to set up a 400-bed super speciality hospital in Guwahati, Assam.

The company's board, in its meeting held on Monday, has approved the purchase of 3 acres of land from Assam Electricity Grid Corporation Ltd for Rs 30 crore plus incidental expenses for registration and possession of the land, the healthcare provider said in a regulatory filing.

The board has also approved plans to invest around Rs 500 crore, including cost of land, to develop the 400-bed super speciality hospital, it added.

Medanta's foray into the region will be transformative, bringing medical expertise and comprehensive care across more than 20 super specialities, including transplants and advanced robotic procedures, it said.

"This marks the beginning of a transformative journey to strengthen healthcare infrastructure and deliver advanced medical care closer to millions across Assam and its neighbouring states," Medanta Chairman and Managing Director Naresh Trehan stated.

The new facility aims to strengthen healthcare infrastructure with plans to serve over 50 million people across Assam and its neighbouring states.

The healthcare provider currently operates five hospitals in Gurugram, Indore, Ranchi, Lucknow, and Patna. It also has one hospital under construction in Noida.

Global Health shares on Monday ended 1.09 per cent down at Rs 1,201.50 apiece on the BSE.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

${res.must_watch_article[0].headline}

Sensex Today Jammu Kashmir News Live Ather Energy IPO JNU Poll Results GIFT Nifty India Economy Apple App Store Dalai Lama TS SSC Results 2025 IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.