Aster DM Healthcare to invest Rs 1000 crore in hospitals in India

Aster DM Healthcare is planning to invest about Rs 1000 crore in India to expand its hospital facilities in the country. The group with a wide network of hospitals and clinics will be setting up new hospitals in Kerala as well as in Bengaluru and Chennai. It is planning to add 1500 beds in the country by 2021.

Aster is planning a 500-bedded tertiary care hospital in Chennai, which will be commissioned within the next two-and-a-half years. The average cost of setting up a bed would be around Rs 60–70 lakh. Four more new hospitals will come up in Dubai, Sharjah, and Oman.

Aster has started some clinics on a pilot basis in Bangalore, and depending on their success, it will plan to add more clinics on a commercial scale.