Strategic Investment Aligned with Kerala’s Growth Vision
Aster DM Healthcare, a leading integrated healthcare provider in India, is reinforcing its long-term commitment to Kerala through strategic investments and expansion. As part of the state’s ‘Invest Kerala Global Summit’ initiative, Aster’s leadership met with Kerala Chief Minister Shri Pinarayi Vijayan and Minister of Law, Industries, and Coir, Shri P Rajeev, to discuss the current healthcare landscape and explore opportunities for growth and innovation.
₹850 Crore Investment to Enhance Infrastructure and Services
Over the next three years, Aster plans to invest ₹850 crore in Kerala, building on the ₹500 crore already invested in the past three years. This additional funding will expand infrastructure, enhance medical services, and generate employment opportunities, solidifying Aster’s leadership in the state’s healthcare sector.
Expanding Bed Capacity and Strengthening Healthcare Facilities
Currently, Aster operates seven hospitals in Kerala with a total capacity of 2,635 beds, contributing 53% of the company’s India revenue for the first nine months of FY25. With its aggressive expansion plan, Aster aims to increase bed capacity to 3,453 by FY27.
This growth will be driven by two new greenfield projects:
- Aster Capital Trivandrum: A 454-bed facility
- Aster MIMS Kasargod: A 264-bed hospital
Additionally, Aster Medcity, the company’s flagship hospital, will expand to 962 beds by FY27. In Q3 FY25, 100 new beds were added to Aster Medcity’s existing capacity, further reinforcing Aster’s leadership in Kerala’s healthcare sector.
Aster’s Vision for Kerala’s Healthcare Ecosystem
Speaking at the Invest Kerala Global Summit 2025, Dr. Azad Moopen, Founder and Chairman of Aster DM Healthcare, reaffirmed the company’s dedication to Kerala. He emphasized Aster’s vision to expand its footprint, provide world-class healthcare, and foster employment while strengthening the state’s position as a hub for medical excellence.
“Our ₹850 crore investment in the next three years reflects our confidence in Kerala’s potential as a leader in healthcare innovation and accessibility,” he said. “The ‘Invest Kerala Global Summit’ is a transformative initiative, and we are proud to be part of this journey to advance healthcare in the state.”
Job Creation and Workforce Development
Aster DM Healthcare plays a pivotal role in employment generation in Kerala, currently providing direct jobs to over 12,700 professionals, including doctors, nurses, and paramedical staff. With the upcoming expansion, Aster anticipates creating an additional 4,200 jobs, further strengthening the healthcare workforce and boosting Kerala’s economy.
“Our commitment extends beyond infrastructure. We are dedicated to nurturing talent, empowering communities, and reinforcing Kerala’s reputation as a center for medical excellence,” said Anoop Moopen, Director of Aster DM Healthcare.
Beyond Infrastructure: Aster’s Community Initiatives
Aster DM Healthcare’s commitment to Kerala goes beyond hospital infrastructure and employment. Through ‘Aster Volunteers,’ the organization plays a crucial role in community healthcare and disaster relief efforts. During the devastating Wayanad landslide, Aster’s medical teams provided emergency care, rehabilitation support, and ongoing medical assistance to affected families.
As per the press release, Aster’s dedication to Kerala reflects its broader mission—not only to provide advanced healthcare but also to stand in solidarity with the community in times of crisis. By combining infrastructure development with community service, Aster continues to drive impactful healthcare solutions in the state and beyond.