AIG Hospitals will invest ₹2,000 crore over the next five years to build a 1,000-bed greenfield multispeciality hospital in Visakhapatnam, according to a company statement. The Hyderabad-based healthcare chain said the project marks its first expansion outside the city.
The foundation stone for the hospital was laid on Monday at Endada (also spelled Yendada) in Visakhapatnam by Andhra Pradesh IT minister Nara Lokesh and AIG Hospitals chairman D Nageshwar Reddy.
Project details
The hospital will be developed in two phases on a nine-acre campus. The first phase, comprising Towers A and B with 650 beds, is expected to be operational by October 2028, while the second phase will add another 350 beds in Tower C over the following two to three years, taking the campus to 1,000 beds.AIG Hospitals currently operates more than 1,400 beds across three centres in Hyderabad.
Clinical services and facilities
The facility will offer more than 50 medical and surgical specialties, with clinical infrastructure including modular operating rooms, latest cathLabs, advanced endoscopy suites, 150 critical care beds and a 50-bed emergency department. The outpatient block has been designed for approximately 5,000 consultations per day.A dedicated Mother and Child block with 120 beds, including a 15-bed neonatal intensive care unit, birthing suites and paediatric services, will form part of the campus.
Beyond clinical services, the campus will house a nursing college, a paramedic training centre, a research laboratory, an AI centre, and a 500-seater academic auditorium. The project also includes hostel accommodation for nursing staff, accommodation for visiting faculty, and low-cost accommodation for patients’ families.