Aster DM Healthcare to Invest Rs 4,000 Cr for 4,080 New Beds, Eyes Major Expansion
Aster DM Healthcare to Invest Rs 4,000 Cr for 4,080 New Beds, Eyes Major Expansion
- •Aster DM Healthcare earmarks Rs 4,000 crore capital outlay to add 4,080 beds over the next few years.
- •The expansion includes 2,368 beds by Aster DM and the remainder by Quality Care India Ltd (QCIL) post-merger.
- •Key projects: two new hospitals in Bengaluru (Sarjapur Road, Yeshwanthpur) and capacity additions at Aster CMI, Aster Whitefield.
- •Further expansion planned in Kerala (Aster Kasaragod, Aster Capital Thiruvananthapuram, Aster Medcity Kochi) and other regions like Hyderabad and Ongole.
- •Merger with QCIL, approved by shareholders, aims to create a scaled, future-ready healthcare platform under Azad Moopen (Executive Chairman) and Varun Khanna (MD & Group CEO).
