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IUIH to invest Rs 1,000 crore for medicity in Lucknow

Press Trust of India  |  Lucknow 

The (IUIH), one of the largest infrastructure projects in the world, has signed a Memorandum of Understanding (MoU) with the government to invest Rs 1,000 crores for an integrated medicity in the state capital.

The MoU was signed during the UP investors' summit that concluded yesterday.

The medicity will have a 1,000 bed hospital and up to 20 per cent patients will be given free treatment at its facilities, Ajay Rajan Gupta, Managing Director and Group CEO, told reporters here.

It will also have a medical college, nursing college, PG academy, and training facility for allied health professionals. It shall also have a separate zone for medical equipment and device manufacturing, and

Cutting-edge medical research will be carried out at the Medicities in areas as diverse as and stem cells, translational research and clinical research leveraging on the patient data available.

of IUIH, Rajdeep said the objective was to make every Medicity a medical tourism hub and attract the patient traffic from across the globe.

"This will not just contribute to the exchequer but lead to overall development of the region too, in line with the government's Smart Cities initiative," said Chhina.

He said that the 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' programme bringing the cost further down for patients in India," Gupta said.

"Our e-Health and m-Health platforms will facilitate exchange of patients' medical records electronically using telemedicine, tele-radiology and tele-pathology for diagnostics etc," he said.

The IUIH Medicity Programme was announced as a Joint Statement between the of Shri Narendra Modi and the former of the Mr in 2015.

It involves an investment of Rs 19,200 crores into Indian aimed at benefitting over 400 million Indians by opening 11 institutes across in partnership with the world's best - the (NHS), UK.

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

First Published: Fri, February 23 2018. 19:05 IST