Adani Enterprises forays into health ventures

Adani Enterprises announced its foray into the healthcare industry by forming Adani Health Ventures Limited, a wholly-owned subsidiary that would provide healthcare-related services (AHVL).

Mint reported on May 2 that Adani is in talks with a few globally famous brands in the healthcare sector for a joint venture or a tie-up for the Indian market.

The company has set aside up to $4 billion in debt and equity for the venture, and is in talks with investors and lenders to develop a long-term funding strategy.

West Bengal Industry Minister Partha Chatterjee on Monday said the state government has given its nod to Adani Enterprises for setting up a hyper-scale data centre park at Bengal Silicon Valley in the New Town area on the outskirts of the city.

 

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