Adani Enterprises will explore the healthcare industry.


Deprecated: strlen(): Passing null to parameter #1 ($string) of type string is deprecated in /home/medicircle/public_html/script_newsdetails.php on line 75
AHVL will have an initial authorized and paid-up share capital of Rs100,000 (Rs1 lakh) and would set up diagnostic facilities, health aids, health-tech-based facilities, and research centers.

The Adani Group, driven by billionaire Gautam Adani, has entered the healthcare sector by establishing a wholly-owned subsidiary, Adani Health Ventures (AHVL). The new organization will be involved in healthcare-related operations such as the establishment of medical and diagnostic facilities, as well as research institutions.

In an exchange filing, Adani Enterprises, the Adani group's flagship company, stated that it has established AHVL with an initial authorized and paid-up share capital of 1 lakh each to carry on the business of healthcare-related activities such as setting up, running, and administrating medical and diagnostic facilities, health aids, health tech-based facilities, research centers, and all other allied and incidental activities in this regard.

This follows the firm's recent entry into the cement market, with the acquisition of the Indian operations of Switzerland-based Holcim Group. Earlier on Sunday, the Adani family agreed to buy Holcim's entire investment in Ambuja Cements and ACC for around $10.5 billion.

AMG Media Networks, an AEL subsidiary, agreed on May 13 to pay an undisclosed sum for a 49 percent stake in Raghav Bahl's digital business news site Quintillion Business Media (QBM). This followed AEL's March share purchase agreement, in which it purchased an unspecified minority stake in QBML.

According to a Niti Aayog analysis, India's healthcare business has been increasing at a pace of roughly 22% per year since 2016 and is predicted to reach $372 billion by 2022. According to the National Skill Development Corporation, healthcare may produce 2.7 million extra employment in India between 2017 and 22, with over 500,000 new positions added per year.

Tags : #Adani-Enterprises #healthcare #medicircle #smita-kumar #Gautam-Adani #Health #Adani #AHVL #Adani-Health-Ventures-AHVL

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

ACT Fibernet Collaborates with Amazon Prime to Offer Prime Lite Benefits to Consumers June 19, 2025
CARE Hospitals Conducts “The Power of 3” Public Awareness Drive at Punjagutta JunctionJune 19, 2025
Legalising key population led health services in Thailand is a gamechangerJune 19, 2025
MGM Healthcare Successfully Performs Rare Endoscopic Skull Base Surgery on a 1-Year-Old with Brain Herniation inside NoseJune 19, 2025
Asian Paints’ Apcolite All Protek redefines the Gold Standard in Interior Paints with Breakthrough ‘Lotus Effect Technology’June 19, 2025
The Soft Touch of Tomorrow: Rural India's Lives Are Being Changed by 3D-Printed LimbsJune 19, 2025
QNET India Celebrates International Yoga Day with Curated Wellness EssentialsJune 18, 2025
illumine Raises $2.5M Seed Funding to Globally Scale Vertical AI Platform for Childcare ManagementJune 18, 2025
Mykare Achieves EBITDA-Positive Status in Elective Surgery Vertical with 80% Revenue GrowthJune 18, 2025
HCG Manavata Cancer Centre Launches Scalp Cooling Therapy To Prevent Chemotherapy-Induced Hair LossJune 18, 2025
Biohacking in India: From Blue Light Glasses to Metabolic TrackingJune 18, 2025
AI-Generated Prescriptions: Will They Ever Be Safe Enough?June 18, 2025
The Role of Panchayats in Public Health: Untapped Potential in Rural GovernanceJune 18, 2025
When Medicines Stop Working: How Communities in India Are Fighting BackJune 18, 2025
Archish Fertility & IVF, India’s First 100% Fully Transparent Fertility Lab, Partners with Amaha Health for Holistic Patient Support & Mental WellbeingJune 17, 2025
Supporting Mental Health in AutismJune 17, 2025
New guidelines for monitoring IBD patients to prevent bowel cancerJune 17, 2025
TTK Prestige Launches Tri-Ply Hexamagic Cookware, Blending Non-Stick Innovation with Triply DurabilityJune 17, 2025
Turning ₹2.35 Crore of Grant into ₹17.9 Crore of Impact: How Villgro-360 ONE’s Capital For Impact is Benefitting Thousands of Marginalised FarmersJune 17, 2025
Online Chikitsa Mitra Rolls Out Mobile App for Specialized, In-Home HealthcareJune 17, 2025