The US-based American Real Estate plans to open three multi-specialty hospitals and small clinics in Maharashtra, Gujarat and Madhya Pradesh.
“We are looking at setting up 500-bed hospitals each in Gujarat, Maharashtra and Madhya Pradesh. We have identified land near Surat in Gujarat and Indore in Madhya Pradesh,” Hasan Merchant, CEO, American Real Estate said here today.
The company is also looking at setting up clinics in smaller towns of these three states, Merchant said, adding he will be meeting the Chief Minister, Narendra Modi to discuss investment plans in Gujarat.
Merchant is heading three leading corporations in Chicago engaged in medical clinics and real estate activities.
Merchant recently launched Merchant Capital Fund in US market to manage investors’ fund.
Merchant is now looking at launching international business solutions to help large corporations in US seeking SAP engineers from India. He is looking at providing seed money for start up companies in India and setting up joint venture projects or acquire small IT companies.
Keywords: American Real Estate, multi-specialty hospitals, small clinics, Maharashtra, Gujarat, Madhya Pradesh, 500-bed hospitals, Hasan Merchant
Comments:
It is horrible to visualise human beings becoming mere 'raw materials' for the medicare industry, both domestic and trans-national. Obviously, American Real Estate's venture is not for helping the poor people of India, on any humanitarian or philanthropic consideration. Their eyes are on the 'market potential' of a whopping one-sixth of the population of the world. I do not expect that American Real Estate would be recruiting doctors and other paramedics for their hospital from abroad. The doctors who have utilised the infrastructure of our country, set up using our taxpayers' money, are going to create 'profit' for foreigners by exploiting our own population. We are celebrating Gandhiji's birth anniversary today and I wonder where the India our Bapuji visualised is! Far from 'free' and 'independent', on any count!
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