Adani Group to invest $4 billion in healthcare to curb challenges
Category: #health  | By Mateen Dalal  | Date: 2022-05-02 |
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

Adani Group to invest $4 billion in healthcare to curb challenges

Gautam Adani, Chairperson of the Adani Group, is reportedly investing enormously in the hospital and healthcare industry along with diagnostic chains and digital and offline among additional assets to set two people directly in the Pharmacy sector which can be acquired.

As per credible sources, the foremost executives of the group who manage businesses from seaports to airports, conducted a meeting recently with various global private equity investors and foreign banks.

In the meeting, they drafted Adani Group’s plan regarding healthcare business, requesting it to be anonymous.

According to reports, Adani Group is in talks with some of the top global names in the healthcare industry for tie-ups and joint ventures for the Indian market. An announcement can be made anytime soon.

Apparently, the business has made an investment of nearly $4 billion in a mix of equity and debt and is in discussions with lenders and investors to develop an elongated financing plan.

Adani reportedly considers healthcare as a great opportunity and is eager to consolidate that domain which is bifurcated as an industry dominated by regional and local players, out of which a larger number are struggling for unannounced reasons.

Not to mention, a major amount of the private equity capital invested in the healthcare domain, a huge chunk of which is ripe for exit, can possibly offer buying opportunity for the group.

For the unversed, there are many factors driving the growth of the Indian healthcare sector including growing number of people above the age of 60, severely low hospital beds per the population of 1000, rising lifestyle diseases, and a vast middle-class population.

As per claims by inside sources, the government has announced many policies and initiatives, like production-attached incentives, to draw investment in the healthcare industry.

Moreover, they’ve also introduced schemes for promotion of regional manufacturing of medical and pharmaceutical devices.

Source Credits: - https://news.bharattimes.co.in/adani-plans-4bn-in-healthcare/

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Mateen Dalal     twitter

Mateen Dalal

A qualified electronics and telecommunication engineer, Mateen Dalal embarked on his professional journey working as a quality and test engineer. Harnessing his passion for content creation however, Mateen pens down industry-rich articles for ReportsGO.com and a few o...

Read More..

More News By Mateen Dalal

Oral-B & iADH partner to make oral care positive & accessible for all

Oral-B & iADH partner to make oral care positive & accessible for all

By Mateen Dalal

Oral-B, a well-known American oral hygiene products brand, has reportedly inked a partnership deal with iADH (International Association of Disability and Oral Health), in order to make oral care more positive, accessible, and inclusive for disabled p...

NEA AND SLA SIGN MOU TO SHARE GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)-DERIVED MOISTURE DATA FOR WEATHER MONITORING APPLICATION

NEA AND SLA SIGN MOU TO SHARE GLOBAL NAVIGATION SATELLITE SYSTEM (GNSS)-DERIVED MOISTURE DATA FOR WEATHER MONITORING APPLICATION

By Mateen Dalal

Singapore, 2 August 2022 – The National Environment Agency (NEA) and the Singapore Land Authority (SLA) have signed a Memorandum of Understanding (MOU) to develop the use of Global Navigation Satellite System (GNSS) data obtained from SLA&rsqu...

Baidu launches Apollo RT6; seeks expansion of its robotaxi fleet

Baidu launches Apollo RT6; seeks expansion of its robotaxi fleet

By Mateen Dalal

Baidu, a leading China-based artificial intelligence (AI) company and search engine, has reportedly uncovered its most recent electric autonomous driving vehicle. As per credible sources, the new vehicle, Apollo RT6, will be a part of the robotaxi...