AIG Bets Big on Vizag with 1,000-Bed Medical Camp
What Happened
Hyderabad-based AIG Hospitals will invest ₹2,000 crore over the next five years to build a 1,000-bed greenfield multispeciality hospital in Visakhapatnam. The project, being developed in two phases, will include a nursing college, paramedical training centre, research lab, AI centre and academic facilities. The first phase with 650 beds is expected to become operational by October 2028.
Key Takeaways
The project is expected to generate around 9,000 jobs and strengthen Visakhapatnam's position as a major healthcare hub in South India. Beyond healthcare services, it will create opportunities in medical education, research, nursing and allied healthcare professions.