Adani Group to Foray into the Healthcare Space

Adani Group to foray into the healthcare space as Adani Enterprises Limited has incorporated a wholly owned subsidiary namely, Adani Health Ventures Limited (AHVL). Adani’s healthcare company will carry on the business of healthcare related activities including, inter alia, setting up, running, administrating medical and diagnostic facilities, health aids, health tech-based facilities, research centers and to do all other allied and incidental activities in this regard and AHVL will commence its business operations in due course.

Adani became the richest person in Asia this year with his vast empire-building exercise that is making him one of the region’s busiest dealmakers. A first-generation entrepreneur whose net worth currently sits at $107 billion, according to Bloomberg’s Billionaires Index, Adani has rapidly diversified into new areas like data centers, digital services, cement, media and now healthcare. Currently, Adani Transmission, Adani Green Energy, Adani Power, Adani Total Gas, Adani Ports and Adani Wilmar are the seven Adani Group companies that are listed on the stock exchanges.

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