Invest Kerala Global Summit 2025: Aster DM Healthcare to invest Rs 850 crore in the state over next 3 years

New Delhi: Aster DM Healthcare, one of India’s leading integrated healthcare providers, has said that it plans to invest around Rs 850 crore in the next 3 years towards scaling up its infrastructure, medical services, and employment generation in the region. This commitment builds on the Rs 500 crore Aster has already invested in Kerala during the last 3 years, further solidifying its leadership in the state’s healthcare landscape.

Aligned with the state’s efforts to attract and facilitate high-impact investments under the ‘Invest Kerala Global Summit’ initiative held in Kochi, Dr. Azad Moopen, Founder and Chairman, and Anoop Moopen, Director at Aster DM Healthcare met Kerala Chief Minister Pinarayi Vijayan and P Rajeev, Minister of Law, Industries, and Coir to discuss the current healthcare landscape and explore opportunities for growth and innovation.

Looking ahead, Aster has an aggressive investment plan in Kerala that will result in a significant increase in bed capacity, bringing the total number of beds in the state to 3,453 by FY27. Aster currently operates seven hospitals in Kerala, with a total capacity of 2,635 beds, contributing to 53% of the company’s India revenue (9M FY25).

Aster DM Healthcare’s expansion in the state will be driven by two greenfield projects that are coming up namely Aster Capital Trivandrum with a 454-bed facility and Aster MIMS Kasargod with 264 beds. The flagship hospital Aster Medcity will expand to 962 beds by FY27 as well. In Q3FY25, 100 beds were added to Aster Medcity’s existing capacity, further cementing Aster’s leadership in Kerala’s healthcare sector.

Participating in the Invest Kerala Global Summit 2025, Dr. Azad Moopen, Founder and Chairman, Aster DM Healthcare, said, “The ‘Invest Kerala Global Summit’ is a pivotal initiative that underscores the state’s potential as a hub for high-impact investments, and we are proud to be a part of this transformative journey. We plan to invest an additional Rs 850 crore in the next 3 years to further strengthen Kerala’s healthcare landscape. Our expansion plans reflect our unwavering belief in Kerala’s potential as a leader in healthcare innovation and accessibility.”

Anoop Moopen, Director, Aster DM Healthcare said, “Today, Aster provides direct employment to over 12700 professionals in Kerala, including thousands of doctors, nurses, and paramedical staff. With our expansion plans, we anticipate creating an additional 4200 jobs, further strengthening Kerala’s healthcare workforce and economy. Being part of the ‘Invest Kerala Global Summit’ reinforces our commitment to not only building infrastructure but also nurturing talent, empowering communities, and reinforcing Kerala’s reputation as a centre for medical excellence.”