Amidst plans to shift to and grow its businesses in India, Dubai-headquartered leading integrated healthcare service provider Aster DM Healthcare is looking for more opportunities to expand its footprint in southern India.
Aster DM Healthcare founder chairman and managing director, Azad Moopen along with managing director of city’s Ramesh Hospitals, P. Ramesh Babu, announced the rebranding of the hospital into Aster Ramesh Hospitals in Vijayawada on July 14, 2023.. In an interaction with The Hindu on the sidelines of the programme, Dr. Azad said that plans are afoot for restructuring the company which has a presence in Gulf Cooperation Council (GCC) countries and India.
“We are segregating between [Aster DM in] India and [Aster DM in] GCC. It will be like India holds GCC. We will be the promoters on both sides but shareholders will be different ones. Once the board decides, the Aster DM in GCC will be a private company and in India, it will continue as a listed company,” Dr. Azad said.