NEW DELHI (Reuters) – Indian billionaire Gautam Adani on Monday said his family will invest over 60 billion rupees ($686.18 million) to launch two affordable health campuses in Mumbai and Ahmedabad in consultation with the U.S.-based Mayo Clinic.
Each campus will have hospitals, medical colleges, transitional care and research facilities, with technical expertise provided by the not-for-profit Mayo Clinic Global Consulting, according to a statement from the Adani group.
Adani said the health campuses were the first projects to come from a 600 billion rupee-pledge towards healthcare, education and skills development made two years ago.
The Adani group is also revamping Asia’s largest slum into a modern city hub. But the $619 million deal to redevelop Mumbai’s Dharavi slum has faced opposition from residents over its capacity to deliver.
In November, U.S. authorities accused founder Adani and some top executives of being part of a scheme to pay bribes worth $265 million to secure Indian power supply contracts. The Adani group has called the charges “baseless”.
($1 = 87.4410 Indian rupees)
(Reporting by Tanvi Mehta; Editing by Sharon Singleton)
