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Indo UK Institute of Health to invest Rs. 1600 cr for Integrated Medicity in Uttarakhand

ANI  |  Dehradun (Uttarakhand) [India] 

Indo UK Institute of (IUIH), one of the largest infrastructure projects in the world, has signed up a Memorandum of Understanding (MoU) with the for setting up an integrated IUIH Medicity in the state.

Signed during Destination Uttarakhand Investors Summit 2018, this initiative shall deliver to the people of the state world-class standard that's available, affordable and accountable. IUIH shall enable Uttarakhand to emerge as a global hub for medical tourism, medical equipment and device manufacturing, pharmaceutical production; and cutting-edge medical research.

Dr. Ajay Rajan Gupta, Managing Director and Group CEO, IUIH, said, "The IUIH Medicity to come up in Uttarakhand will be developed with an investment outlay of Rs. 1600 crores. It will have a 1000 bed hospital in association with one of UK's leading hospital."

The IUIH Medicity in Uttarakhand shall also have medical college, nursing college, PG academy and a training facility for allied professionals. It shall also have a separate zone for medical equipment and device manufacturing, and Cutting edge medical research shall be carried out at the IUIH Medicities in areas as diverse as and stem cells, translational research and clinical research leveraging on the patient data available.

Dr. Rajdeep Singh Chhina, COO, IUIH, said, "The objective is to make every IUIH Medicity a hub and attract the patient traffic from across the globe. standard care at lower price points is our winning formula to tap the potential. This shall not just contribute to the exchequer but lead to overall development of the region too, in line with the government's Smart Cities initiative."

IUIH has retained as a for raising funds for its projects in Raj Bhatt, Founder & CEO, said "The organised space in is growing at a rapid pace. IUIH with its unique relationship with NHS, UK, has a very promising future and there is a strong interest from institutional investors and we feel privileged to be part of this project."

IUIH has tied up with some of the leading implant companies, and medical equipment and device manufacturers. Many of them would start their in IUIH Medicities in accordance with in India' program bringing the further down for patients in

"We are also relying heavily on for big data analytics. Our e-Health and m-Health platforms will facilitate the exchange of patients' medical records electronically using telemedicine, and telepathology for diagnostics etc. It's all about covering the last mile and taking down to patient's doorstep," informed Dr.

Besides Uttarakhand, the other states to benefit from the IUIH programme include Assam, Andhra Pradesh, Gujarat, Haryana, Karnataka, Maharashtra, Madhya Pradesh, Punjab, Rajasthan, Telangana, and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 10 2018. 12:55 IST