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Ajeenkya D Y Patil Healthcare Eyes Big in Affordable Healthcare Space, Awards about $100 Mn Construction Contract to Ashoka Buildcon

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In a significant step for emerging as a dominant player in the affordable healthcare space, healthcare company Ajeenkya D Y Patil Group has said that it intends to set up a major super speciality and critical care facility embedded with healthcare education in Wadala, Mumbai followed by a similar model in Pune. The Group has awarded an approximate $ 100 million construction contract to Ashoka Buildcon Ltd for the purpose.

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According to the company, the contract is for developing Mumbai’s Grand Port Hospital into a 600-bed super-speciality hospital and medical college with residential quarters of Zodiac Healotronics Pvt Ltd, an Ajeenkya D Y Patil Group company. The project is to be completed in 60 months. “With this development, the former Mumbai Port Trust Hospital is going to get a massive facelift and now be seen as one of the largest and prominent hospitals in Mumbai. Operating at CGHS rates this is estimated to be the hot spot for government employees and other beneficiaries,” it said in a statement.

“We are looking at a complete holistic solution in our model which is not limited to only clinical and academics. Wellness and Alternate Medicine is something where we intend to commit ourselves and build world-class facilities. Ayurveda is close to my heart and I believe a lot of work is due in this space,” Dr Ajeenkya D Y Patil, Chairman of the Group said.

Shivdutt Das, Managing Director and CEO of Ajeenkya D Y Patil Healthcare said: “We are clearly focused on affordable healthcare. We aspire to bring best-in-class medical facilities for the common man. We aim to bring the private hospital standard of service and social hospital kind of price point. This will be possible with the right blend of technology and economy of scale. We shall break a lot of myths and prove that top-of-line healthcare can be delivered at an affordable price point.”

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