Eye care major Maxivision Super Speciality Eye Hospitals Pvt Ltd on Tuesday said it would invest Rs 400 crore to set up 100 eye care centers in Tamil Nadu.
Under the proposed investment plan, Maxivision Super Speciality today signed a memorandum of understanding with the Tamil Nadu Government in the presence of Chief Minister M K Stalin at the Secretariat here.
Accordingly, the eye care provider would set up the centres in Tier II and III cities that would generate 2,000 jobs in the state.
Maxivision Super Speciality has set up super speciality eye hospitals in Telangana, Gujarat, Andhra Pradesh and Kerala.
According to the website of the eye care provider, Maxivision Eye Hospital was set up in 1996 by ophthalmologist Dr Kasu Prasad Reddy. He later joined hands with Trivitron HealthCare Group founder-chairman G S K Velu.
Currently, Velu is the Promoter-Chairman of Maxivision, while Dr Kasu Prasad Reddy heads the clinical leadership as founder and mentor.
Commenting on the development, Minister for Industries T R B Rajaa who was at the MoU signing ceremony said, “investments in the healthcare sector in Tamil Nadu not only create jobs and economic activity, but also enable access to quality healthcare for our people.” “In the presence of Chief Minister M K Stalin, I was happy to be a part of the signing of MoU between Tamil Nadu government and Maxivision Super Speciality Eye Hospitals for the setting up of 100 eye treatment centres in Tier 2 and Tier 3 cities in the state, at a cost of Rs 400 crore and creating employment for 2,000 people,” he said.
“Thank you GSK Velu and Maxivision Super Speciality Eye Hospitals for contributing to the growth of the healthcare sector in the state, and for improving the quality of life of our people,” he said.
“We are working on more inputs received via the Pharma and MedTech Round Table held with the Ministry of Industries and industry stakeholders in Chennai a few days back,” he added.
The signing of a memorandum of understanding comes in the backdrop of the DMK government planning to hold its maiden Global Investors Meet in January 2024 in the state capital.
Following the pact with the government, Velu said Maxivision plans to set up about 30 comprehensive eye hospitals and 100 plus vision centres across Tamil Nadu in the next two years.
“We are pleased to join hands with the Government of Tamil Nadu. As an immediate plan of action, Maxivision plans to open 20 to 30 comprehensive eye hospitals and 100 plus vision centres to cater to the increasing needs for high quality standardised eye care services across Tamil Nadu in the next two years,” he said.
“Through this MoU, we will invest Rs 400 crore and employ over 2,000 people in Tamil Nadu within the next three to four years,” he said.
This collaboration with the Government of Tamil Nadu represents a significant milestone in our mission to make the latest technique and technology available at affordable cost, he said.
Maxivision Super Speciality Eye Hospitals CEO Sudheer VS said, “We are excited about the opportunities this partnership presents to enhance eye care services and make a positive impact on the health and lives of the people of Tamil Nadu.” “Maxivision will cater to the community Ophthalmology needs and prevention of blindness initiatives in Tier III and IV towns and villages in close cooperation with the Government of Tamil Nadu. We are planning to reach out to 12 lakh patients in the first year of operations,” Sudheer said.
Chief Secretary Shiv Das Meena, Industries Department Secretary V Arun Roy and senior officials were present on the occasion. PTI