Adani forays into health care, diagnostics, sets up a subsidiary

Adani Enterprises on Wednesday announced a subsidiary for healthcare-related services.

The subsidiary, Adani Health Ventures, would set up, run and administer medical and diagnostic facilities, health aids, health tech-based facilities, research centers and allied activities, said Adani Enterprises in a stock exchange filing. 

A news report recently said that this is a $4-billion play on the part of Adani Group. 

Mint reported that the Adani Group is also reportedly in talks with Private Equity investors for funding as it plans to make a major foray into Indian healthcare.