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Time of India
30-06-2025
- Business
- Time of India
Indian conglomerate to set up multi-specialty hospital & medical university in Kazakhstan
Eyeing to deepen Indo-Kazakh ties in healthcare and education, India's Mont Vert Group has inked a $500 million (approx. ₹4,300 crore) agreement with Kazakhstan's Big B Corporation to construct a world-class medical university and a 1,000-bed multi-specialty hospital in Kazakhstan. The ambitious project will span 243 hectares in Kazakhstan's capital, Astana , and 100 hectares in Almaty . It envisions a comprehensive health and education ecosystem including a university capable of accommodating 10,000 students, a high-tech hospital, and a five-star hospitality facility. Mont Vert Group, a seasoned Pune-based real estate developer, will spearhead construction. Land for the proposed infrastructure was allocated by the Kazakh government in October 2024, reflecting its commitment to welcoming foreign investment in the healthcare and higher education sectors. The completed facility is expected to become a major medical and educational hub for Kazakhstan and its neighboring Central Asian countries. This development comes against the backdrop of growing medical linkages between India and Kazakhstan. In recent years, India has emerged as a top destination for medical tourists from Kazakhstan, offering advanced and affordable treatments in areas such as cardiology, orthopedics, oncology, and organ transplantation. The new medical university and hospital project aims not only to serve local populations but also to reduce dependency on outbound medical travel by providing international-quality care within the region. It also opens avenues for academic exchange and professional training, strengthening people-to-people ties between the two countries. Live Events As global focus intensifies on healthcare diplomacy and cross-border collaboration, the initiative stands as a testament to India's rising role in shaping the health and education architecture in Central Asia.
Time of India
18-06-2025
- Business
- Time of India
SRAM & MRAM invests $500 Million on AI-focused medical university project in central Asia
Marking three decades of operational presence across critical global sectors, SRAM & MRAM Group used its 30th anniversary as a platform to advance dialogue on the role of technology in transforming healthcare and education systems. At the center of the event was the announcement of a cross-border agreement valued at USD 500 million between India's Mont Vert Group and Kazakhstan's Big B Corporation—an initiative set to construct a new AI-integrated medical university and hospital in gathering, hosted on Raven's Ait Island, underscored how emerging technologies, including artificial intelligence, data-driven diagnostics, and smart construction, are increasingly becoming foundational to global infrastructure development, particularly in healthcare education. AI and systems integration in medical infrastructure The medical university and hospital project will be built on a framework that integrates advanced technologies from the outset—embedding AI in clinical education, operational optimization, and diagnostics. The initiative is designed not just as a physical facility but as a prototype for future-ready, tech-enabled healthcare ecosystems. Planned systems include algorithm-driven learning modules for medical students, AI-powered patient triage solutions, and IoT-based infrastructure management—supporting sustainability goals while improving service delivery. This aligns with a broader push in Central Asia to close gaps in healthcare delivery through digital capacity building. The project aims to serve as a model for deploying integrated technology stacks in mid-scale urban regions, where rapid population growth is not yet matched by public health infrastructure. While the project is backed by Mont Vert Group and Big B Corporation, the structuring and facilitation of the deal were led by SRAM & MRAM Group leadership in India and Kazakhstan. The partnership reflects a growing trend of decentralized infrastructure development led by private actors with a strong orientation toward technological enablement. The initiative also hints at evolving models of international cooperation—where expertise in real estate, digital systems architecture, and healthcare policy come together to address shared challenges across geographies. Broader implications for tech-enabled development SRAM & MRAM Group, whose portfolio spans AI, biotechnology, semiconductors, and digital finance, used the anniversary event to highlight how traditional sectors like construction and education are undergoing foundational shifts through embedded intelligence and systems automation. 'Our focus has steadily shifted toward applying our research capabilities to enable systemic transformation in sectors traditionally seen as infrastructure-heavy. The convergence of healthcare, AI, and education marks a necessary evolution in how global challenges are addressed,' Dr. Sailesh Lachu Hiranandani, Chairman, SRAM & MRAM Group said. The event did not feature product showcases or celebratory retrospectives. Instead, it served as a working platform to outline actionable plans for embedding smart technologies into real-world development challenges—from medical education in Central Asia to digitally enabled diagnostics in underserved regions. As regional governments and development bodies look for scalable, cost-effective infrastructure solutions, projects like the Kazakhstan medical university may signal a pivot in how large-scale institutions are conceptualized—moving away from static infrastructure to intelligent, adaptable systems that learn, respond, and evolve. The deal is expected to be executed in phases beginning late 2025, with digital architecture and AI integration playing a key role across planning, construction, and operation.
Business Standard
14-06-2025
- Business
- Business Standard
Mont Vert Group Signs $500 Million Deal to Build Medical University and Hospital in Kazakhstan
VMPL Pune (Maharashtra) [India], June 14: Pune-based leading real estate firm Mont Vert Group has signed a $500 million (approx. ₹4,300 crore) agreement with Kazakhstan's Big B Corporation to develop a medical university and a multi-specialty hospital in Kazakhstan. The announcement was made during the 30th anniversary celebration of SRAM & MRAM Group, held at Raven's Ait Private Island in London. The event was graced by notable dignitaries including Mr. Jayantilal Kaneria, Chairman, Mont Vert Group, Mr. Neeraj Kaneria, Managing Director, Mont Vert Group, Mr. Ajay Bhandari, Director, Big B Corporation (Kazakhstan), Mr. Mahendra Joshi, Director, SRAM & MRAM Group, Mr. Nitin Gupta, and Dr. Swapnil Kamble, all Directors of SRAM & MRAM Group. As per a press release by UK-based SRAM & MRAM Group, Mont Vert Group has been entrusted with the construction and development of this project. This private healthcare initiative is being undertaken jointly by SRAM & MRAM Group, Big B Corporation, and KAZIND Medical Group of Kazakhstan. The deal was made possible due to the efforts of Mr. Ajay Bhandari and Mr. Mahendra Joshi, Directors of Big B Corporation and SRAM & MRAM Group respectively. Last October, the Kazakh government approved 243 hectares of land in Astana and 100 hectares in Almaty for the project. The campus will house a medical college accommodating 10,000 students and a multi-specialty hospital with 1,000 beds. Mont Vert Group, a trusted name in Pune's real estate landscape, has successfully delivered over 6.8 million square feet of residential and commercial projects. Chairman Mr. Jayantilal Kaneria and Managing Director Mr. Neeraj Kaneria bring over 30 years of experience to the industry. Mr. Sailesh Lachu Hiranandani, Chairman of SRAM & MRAM Group, said, "Mont Vert Group represents the pinnacle of excellence in Indian real estate. Their experience and quality commitment make them the ideal partner for this international healthcare venture." (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
The Print
14-06-2025
- Business
- The Print
SRAM & MRAM Group Celebrates 30 Glorious Years; Announces USD500 Million Indo-Kazakh Medical Project in London
New Delhi [India], June 14: SRAM & MRAM Group, a global conglomerate with interests across fintech, healthcare, AI, agriculture, biotechnology, and more, proudly marked its 30th anniversary with a grand international celebration in London. On this momentous occasion, the Group announced the signing of a landmark USD 500 million contract between India's Mont Vert Group and Kazakhstan's Big B Corporation to build a state-of-the-art Medical University and Hospital in Kazakhstan. This landmark deal signals SRAM & MRAM Group's growing commitment to global healthcare and education infrastructure. Driving the Vision: Ajay Bhandari and Mahendra Joshi Lead the Charge The agreement was made possible through the efforts of Mr. Ajay Bhandari, Director, Big B Corporation, and Mr. Mahendra Joshi, Director, SRAM & MRAM Group. Their leadership, international collaboration, and strategic insight were key in structuring and executing the project. They were ably supported by Mr. Nitin Gupta, Director, SRAM & MRAM India, who helped align all stakeholders and facilitate the successful closure of the deal. Mont Vert Group: A Legacy of Trust and Quality from Pune The construction and development responsibilities have been entrusted to Mont Vert Group; one of Pune's most reputed and trusted real estate developers. Mr. Jayant Kaneria, Chairman, and Mr. Neeraj Kaneria, Managing Director, bring over three decades of industry experience with a portfolio exceeding 6.8 million sq. ft. of delivered residential and commercial projects. SRAM & MRAM Group expressed deep pride in partnering with Mont Vert Group, acknowledging their longstanding commitment to quality, transparency, and timely delivery. 'Mont Vert Group represents the highest standards of Indian real estate leadership,' said Dr. Sailesh Lachu Hiranandani, Chairman, SRAM & MRAM Group. 'Their proven track record and commitment to excellence make them an ideal partner for this international healthcare initiative.' Event Highlights and Attendees The announcement was made during SRAM & MRAM's anniversary celebration on Raven's Ait Private Island, London, in the presence of esteemed dignitaries and global business leaders. Key dignitaries included: – Mr. Jayant Kaneria, Chairman, Mont Vert Group – Mr. Neeraj Kaneria, Managing Director, Mont Vert Group – Mr. Ajay Bhandari, Director, Big B Corporation (Kazakhstan) – Mr. Mahendra Joshi, Director, SRAM & MRAM Group – Mr. Nitin Gupta, Director, SRAM & MRAM – Dr. Swapnil Kamble, Director, SRAM & MRAM India 'As we celebrate three decades of transformative work across sectors, this partnership marks a new chapter in our journey,' said Dr. Hiranandani. 'With this project, we reinforce our commitment to driving positive change globally through healthcare, innovation, and collaborative growth.' Founded in 1995, SRAM & MRAM Group is a global enterprise headquartered in London, with operations in over 60 countries. The group works across sectors including fintech, AI, healthcare, agriculture, mining, biotechnology, and semiconductors, and continues to drive large-scale global projects with impact. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same) This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.
Business Standard
14-06-2025
- Business
- Business Standard
SRAM & MRAM Group Celebrates 30 Glorious Years; Announces USD500 Million Indo-Kazakh Medical Project in London
NewsVoir New Delhi [India], June 14: SRAM & MRAM Group, a global conglomerate with interests across fintech, healthcare, AI, agriculture, biotechnology, and more, proudly marked its 30th anniversary with a grand international celebration in London. On this momentous occasion, the Group announced the signing of a landmark USD 500 million contract between India's Mont Vert Group and Kazakhstan's Big B Corporation to build a state-of-the-art Medical University and Hospital in Kazakhstan. This landmark deal signals SRAM & MRAM Group's growing commitment to global healthcare and education infrastructure. Driving the Vision: Ajay Bhandari and Mahendra Joshi Lead the Charge The agreement was made possible through the efforts of Mr. Ajay Bhandari, Director, Big B Corporation, and Mr. Mahendra Joshi, Director, SRAM & MRAM Group. Their leadership, international collaboration, and strategic insight were key in structuring and executing the project. They were ably supported by Mr. Nitin Gupta, Director, SRAM & MRAM India, who helped align all stakeholders and facilitate the successful closure of the deal. Mont Vert Group: A Legacy of Trust and Quality from Pune The construction and development responsibilities have been entrusted to Mont Vert Group; one of Pune's most reputed and trusted real estate developers. Mr. Jayant Kaneria, Chairman, and Mr. Neeraj Kaneria, Managing Director, bring over three decades of industry experience with a portfolio exceeding 6.8 million sq. ft. of delivered residential and commercial projects. SRAM & MRAM Group expressed deep pride in partnering with Mont Vert Group, acknowledging their longstanding commitment to quality, transparency, and timely delivery. "Mont Vert Group represents the highest standards of Indian real estate leadership," said Dr. Sailesh Lachu Hiranandani, Chairman, SRAM & MRAM Group. "Their proven track record and commitment to excellence make them an ideal partner for this international healthcare initiative." Event Highlights and Attendees The announcement was made during SRAM & MRAM's anniversary celebration on Raven's Ait Private Island, London, in the presence of esteemed dignitaries and global business leaders. Key dignitaries included: - Mr. Jayant Kaneria, Chairman, Mont Vert Group - Mr. Neeraj Kaneria, Managing Director, Mont Vert Group - Mr. Ajay Bhandari, Director, Big B Corporation (Kazakhstan) - Mr. Mahendra Joshi, Director, SRAM & MRAM Group - Mr. Nitin Gupta, Director, SRAM & MRAM - Dr. Swapnil Kamble, Director, SRAM & MRAM India "As we celebrate three decades of transformative work across sectors, this partnership marks a new chapter in our journey," said Dr. Hiranandani. "With this project, we reinforce our commitment to driving positive change globally through healthcare, innovation, and collaborative growth." Founded in 1995, SRAM & MRAM Group is a global enterprise headquartered in London, with operations in over 60 countries. The group works across sectors including fintech, AI, healthcare, agriculture, mining, biotechnology, and semiconductors, and continues to drive large-scale global projects with impact.
