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Indian conglomerate to set up multi-specialty hospital & medical university in Kazakhstan
Indian conglomerate to set up multi-specialty hospital & medical university in Kazakhstan

Time of India

time30-06-2025

  • 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.

SRAM & MRAM Group Celebrates 30 Glorious Years; Announces USD500 Million Indo-Kazakh Medical Project in London
SRAM & MRAM Group Celebrates 30 Glorious Years; Announces USD500 Million Indo-Kazakh Medical Project in London

Fashion Value Chain

time14-06-2025

  • Business
  • Fashion Value Chain

SRAM & MRAM Group Celebrates 30 Glorious Years; Announces USD500 Million Indo-Kazakh Medical Project in London

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. SRAM & MRAM – Group Celebrates 30 Glorious Years Announces USD500 Million Indo-Kazakh Medical Project in London 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.' About SRAM & MRAM Group 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.

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