
Adani group to enter healthcare, plans 1,000-bed hospitals in Mumbai, Ahmedabad
The Adani Group's healthcare push will be anchored by the creation of 'Adani Healthcare Temples' — AI-first, 1,000-bed integrated hospitals beginning with Mumbai and Ahmedabad, Adani said while addressing the annual conference of the Society for Minimally Invasive Spine Surgery-Asia Pacific in Mumbai.
'We are investing in modular, scalable infrastructure, of the kind that can expand rapidly in the face of pandemics or emergencies. We are championing the creation of large, world-class healthcare institutes that bring together innovation, patient care, and applied learning under one roof,' Adani said
'Human-centric insurance products that support and empower families will be a cornerstone of the new healthcare architecture we will do our best to build,' he said.
'India is facing a spinal epidemic,' Adani said, citing back pain as the country's leading cause of disability. 'We cannot rise if our people cannot stand.'
The campuses, designed in partnership with the Mayo Clinic, will merge clinical care, academic training, and research into one ecosystem. They aim to set global benchmarks in affordability, innovation, and scale, he said.
Adani urged medical professionals to join this transformation — whether by building AI-based spinal diagnostics, mobile rural operating theatres or next-gen surgical centres. 'We entered healthcare not because it lacked momentum, but because the momentum was not enough,' he said. 'This is not evolution. It's a revolution.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
an hour ago
- Economic Times
ADIA signs a definitive agreement to invest $200 million in medical devices firm Meril
Abu Dhabi Investment Authority (ADIA) has signed a definitive agreement to invest $200 million (about Rs1,725 crore) for a 3% stake in medical devices maker Micro Life Sciences Pvt Ltd (Meril). The investment by a wholly-owned subsidiary of ADIA pegged Meril's enterprise valuation at $6.6 billion, the Vapi, Gujarat-based company said in a statement. Post the investment, Meril will be backed by two major global investors ADIA, and US private equity firm Warburg Pincus. The deal is subject to Competition Commission of India (CCI) approval. 'This investment by ADIA reinforces confidence in Meril's long-term vision and global ambitions,' said Sanjeev Bhatt, senior vice president-strategy at Meril. 'This investment will enable us to accelerate growth, attract world-class talent, and further strengthen clinical research efforts as we work towards improving the quality of human life through advanced healthcare solutions.' Meril was founded in 2006 by the Bilakhia Group after divesting their agrochemical business to Bayer, and the Micro lnks business to Hubergroup—both from Germany. In 2022, the promoters tapped Warburg Pincus to raise Rs 1,575 crore by selling a 14% stake in Meril, and Rohit Kothari's Anchorage Capital for Rs 200 crore by divesting a 2% stake at a valuation of about Rs 11,000 crore. In the three years since, Meril closed fundraisings for another 3% shareholdings while its valuation surged more than fivefold to nearly Rs 60,000 crore. The Bilakhia family currently has more than 81% stake in the company, with Warburg, ADIA, and Kothari being other principal shareholders together holding nearly 19%.Meril is regarded as an innovator in medical technology (MedTech), with a focus on clinically-advanced solutions across multiple specialties such as cardiovascular, structural heart, orthopaedics, endo-surgery, in-vitro diagnostics and surgical robotics. Some of the innovations include transcatheter heart valve series, transcatheter edge-to-edge repair system, and surgical robotic system. The company is growing between 30-35% compounded annually, with FY25 revenue at Rs 4,800 crore and margins of 27-28%. Exports contributed about 55% of expect the company to double revenue within less than three years. Meril employs more than 13,000 employees and has over 35 global subsidiaries. Its Vapi facility spans over 100 acres with over 1 million sq ft manufacturing space.


Time of India
2 hours ago
- Time of India
ADIA signs a definitive agreement to invest $200 million in medical devices firm Meril
Abu Dhabi Investment Authority (ADIA) is set to invest $200 million for a 3% stake in medical device maker Meril, valuing the company at $6.6 billion. This investment, pending CCI approval, will support Meril's growth and research efforts. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Abu Dhabi Investment Authority (ADIA) has signed a definitive agreement to invest $200 million (about Rs1,725 crore) for a 3% stake in medical devices maker Micro Life Sciences Pvt Ltd ( Meril ).The investment by a wholly-owned subsidiary of ADIA pegged Meril's enterprise valuation at $6.6 billion, the Vapi, Gujarat-based company said in a the investment, Meril will be backed by two major global investors ADIA, and US private equity firm Warburg Pincus . The deal is subject to Competition Commission of India (CCI) approval.'This investment by ADIA reinforces confidence in Meril's long-term vision and global ambitions,' said Sanjeev Bhatt, senior vice president-strategy at Meril. 'This investment will enable us to accelerate growth, attract world-class talent, and further strengthen clinical research efforts as we work towards improving the quality of human life through advanced healthcare solutions .'Meril was founded in 2006 by the Bilakhia Group after divesting their agrochemical business to Bayer, and the Micro lnks business to Hubergroup—both from 2022, the promoters tapped Warburg Pincus to raise Rs 1,575 crore by selling a 14% stake in Meril, and Rohit Kothari's Anchorage Capital for Rs 200 crore by divesting a 2% stake at a valuation of about Rs 11,000 crore. In the three years since, Meril closed fundraisings for another 3% shareholdings while its valuation surged more than fivefold to nearly Rs 60,000 Bilakhia family currently has more than 81% stake in the company, with Warburg, ADIA, and Kothari being other principal shareholders together holding nearly 19%.Meril is regarded as an innovator in medical technology (MedTech), with a focus on clinically-advanced solutions across multiple specialties such as cardiovascular, structural heart, orthopaedics, endo-surgery, in-vitro diagnostics and surgical robotics. Some of the innovations include transcatheter heart valve series, transcatheter edge-to-edge repair system, and surgical robotic company is growing between 30-35% compounded annually, with FY25 revenue at Rs 4,800 crore and margins of 27-28%. Exports contributed about 55% of expect the company to double revenue within less than three employs more than 13,000 employees and has over 35 global subsidiaries. Its Vapi facility spans over 100 acres with over 1 million sq ft manufacturing space.


Time of India
2 hours ago
- Time of India
India signs pact to undertake five projects in Nepal under Rs 390 mn grant assistance
India signs pact to undertake five projects in Nepal (Pic: Facebook/Embassy of India Kathmandu) KATHMANDU: India and Nepal on Monday signed an agreement to implement five "high-impact" development projects related to education and health in the Himalayan nation under an Indian grant assistance of Rs 390 million, according to an official statement. The Embassy of India and Nepal's Ministry of Federal Affairs and General Administration and Project Implementing Agencies signed Memorandums of Understanding, the Indian mission here said in a statement. The five "High Impact Community Development Projects" include the construction of various school buildings in the Madhesh and Sudurpashchim provinces. It also includes the construction of a five-bed hospital building in the Gandaki province, the press release said. The construction of these facilities will help provide better education and health facilities to the people in Nepal, it said. "As close neighbours, India and Nepal share wide-ranging and multi-sectoral cooperation," said the statement, adding that the projects' implementation reflects the "continued support" of the Indian government in bolstering the Nepal government's efforts in "empowerment of its people by augmenting infrastructure in priority sectors."