Adani to invest ₹6,000 crore in hospitals, medical colleges across two cities

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Indian billionaire Gautam Adani announced on Monday, February 10, that his family will invest over ₹6,000 crore ($686 million) to establish two affordable health campuses in Mumbai and Ahmedabad. The project will be developed in collaboration with US-based Mayo Clinic.

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According to a statement from the Adani Group, each campus will house hospitals, medical colleges, transitional care facilities, and research centres. The not-for-profit Mayo Clinic Global Consulting will provide technical expertise for the initiative.

“Two years ago, as a gift to me on my 60th birthday, my family committed 60,000 crore towards improving healthcare, education and skill development,” said Gautam Adani.

“The development of Adani Health City is the first of many major projects from this contribution, which will go a long way towards providing affordable, world-class healthcare to people from every section of the Indian society.”

The conglomerate is also engaged in the redevelopment of Mumbai’s Dharavi slum into a modern urban hub. However, the ₹5,150 crore ($619 million) project has faced resistance from residents who question its feasibility and impact on existing communities.

Meanwhile, the Adani Group has dismissed as “baseless” allegations by US authorities that founder Gautam Adani and some top executives were involved in a scheme to pay $265 million in bribes to secure Indian power supply contracts.





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