ANHVL plans to invest 2200 crore rupees to expand capacity to 2500 beds within 4-5 years

Ambuja Neotia Healthcare Venture Ltd (ANHVL) has allocated funds of approximately 2200 crore rupees to expand its presence in eastern India over the next four to five years, a senior company official reported on Friday.

According to Managing Director Parvati Neotia, this expansion will allow for the addition of nearly 1800 beds, bringing the total capacity to 2500 beds.

As part of this plan, the medical division of the Ambuja Neotia group announced investments of about 150 crore rupees to establish a 120-bed women and child care center in Koraha. This center will be part of the flagship Neotia Bhagirathi Woman and Child Care Centre network and is expected to commence operations by April 2029.

Neotia noted that the company's existing four medical facilities have 700 beds, and Koraha has been identified as a key growth corridor due to the increasing demand for specialized maternal and child health services.

The new center aims to make advanced clinical expertise and comprehensive care for mothers, newborns, and children more accessible to local families, thereby reducing the need for lengthy patient travel.

ANHVL currently operates four medical facilities and has six additional projects in the development stage. He also stated that two projects are already approved but will require time for implementation.

To improve capital utilization efficiency, the corporate healthcare division is employing a low-capital expenditure model for several future projects, including facilities in Raipur, Guwahati, and Durgapur.

In Durgapur, ANHVL has partnered with Amit Metaliks to build a women and child care hospital. Amit Metaliks will provide the land and infrastructure, while ANHVL will handle the operational management.

Furthermore, Neotia stated that the company's upcoming facility in Raipur, which is also a specialized women and child care center, is scheduled to launch by the end of the current year.

The group's project pipeline includes a multi-specialty hospital in Guwahati, another similar center in Taratal (Kolkata), a multi-specialty hospital in New Town (Kolkata), as well as women and child care centers in Koraha, Durgapur, and Raipur.

Similar stories

business-standard.comAugust 25, 16:11

Haldiram's plans to invest 1000 crore rupees in a new production complex in Odisha

Haldiram Snacks (Haldiram’s), one of India's largest companies in packaged snacks and food products, has announced plans to invest 1000 crore rupees in establishing a new manufacturing facility in the state of Odisha. The company intends to implement the project in three phases for its savory snacks and bakery division.

The state government has already approved the first phase investment of 500 crore rupees during a recent state-level single-window clearance body meeting. Although the exact location has not yet been determined, the facility is expected to be built in the Khordha-Katka region and become one of the largest snack and bakery production centers in Eastern India.

Investment Agreements and Food Industry Development

Haldiram’s was among nine major companies that signed memorandums of understanding with the Odisha government during a recent investor summit in New Delhi. The Odisha FoodPro 2026 summit secured commitments for over 6000 crore rupees in food processing investments, while a broader Delhi-National Capital Region (NCR) industrial initiative attracted investment proposals worth 66,392 crore rupees across various sectors.

For Haldiram’s, the proposed plant in Odisha will mark an expansion of its production base as the company increases its product range and strengthens its domestic and international supply chains. Founded in Bikaner in 1937, the company relocated to Delhi and Nagpur in the early 1980s, subsequently building manufacturing units in key locations such as Nagpur, Noida, Rudrapur, Delhi-NCR, and Howrah. Today, its products include traditional namkeens and sweets, as well as Western snacks, ready-to-eat and frozen foods, baked goods, and beverages.

Competition and New Players in the Odisha Market

Besides Haldiram’s, other major investment plans have emerged in Odisha. Coca-Cola, an existing player in the state, has proposed further expansion with an investment of 300 crore rupees in another soft drink manufacturing unit. Balaji Wafers and Let’s Try have also announced plans to invest 200 crore rupees each, while Beyond Snack, known for its banana chips from Kerala, plans to invest 150 crore rupees to establish production in the state.

The proposed investments from Balaji add another national brand to the emerging food processing cluster in Odisha. This cluster includes companies such as ITC, Nestlé, Parle, Britannia, Indo Nissin, Hindustan Unilever, Reliance, and Tata Consumer Products, as well as Varun Beverages. Balaji already has a strong presence in the Indian packaged snack market, and the announced investments will increase production capacity for packaged namkeens, wafers, and other convenient consumption products.

Let’s Try, a relatively young food brand known for peanut butter snacks, is actively expanding its production and distribution capabilities. These investments will allow this growing brand to establish a larger manufacturing base as part of its push beyond existing markets.

Government Support and Regional Potential

Odisha produces a wide range of raw materials with processing potential, including rice and other cereals, sorghum, cashew, jackfruit, mango, sweet potato, turmeric, chili pepper, mushrooms, corn, spices, and dairy products. The state government has identified these products for deeper processing, packaging, branding, and value addition. Plans have been announced to create five food parks that will provide an ecosystem for companies, enabling them to transform local agricultural and traditional products into nationally recognized brands.

Hemant Sharma, Additional Minister for Industries in the Odisha government, noted that such an ecosystem will give fast-moving consumer goods companies access to raw materials, labor, markets, and logistics, while allowing them to source more resources locally. Sharma told Business Standard: 'The government is creating an ecosystem where large food processing companies, suppliers, farmers, logistics operators, cold chain providers, and small businesses can operate around a common infrastructure. This will help link processing units with agricultural production centers.'