The Maharashtra government, Cleveland Clinic (CC), Brookfield Asset Management and Arodhan Health City (AHC) signed a Memorandum of Understanding (MoU) to develop the Navi Mumbai International MediCity (NMIMC).Under the proposed partnership, Cleveland Clinic will serve as the anchor institution for the project, bringing its globally recognised expertise in quaternary care, medical education, research, innovation and patient-centric healthcare delivery. The project is expected to attract approximately $ 1.2 billion in investment and generate over 10,000 direct jobs, a note on the development said. The Maharashtra government will facilitate the partnership and support the consortium in obtaining the necessary approvals and clearances in accordance with applicable policies and regulations, it added.NMIMC is planned as a global-scale healthcare, research, medical education and medical tourism platform, and is being developed on approximately 250 acres adjacent to the Navi Mumbai International Airport.Lakshmi Mittal, Executive Chairman of Arcelor Mittal and Board Member of CC, Dr Saloni Patwardhan from AHC, Kaustubh Dhavse, Chief Advisor to the Maharashtra Chief Minister, and the CC team led by CEO Dr Tomislav Mihaljevic, Dr Sameer Kapadia (Chairman of Cardiovascular Medicine) and Dr Falcone (President of Emerging Markets) – were present at the occasion in Cleveland, the headquarters of the clinic.The plan is for NMIMC to provide an ecosystem designed to integrate “world-class hospitals, medical and nursing education institutions, clinical research centres, biotechnology and life sciences facilities, AI-driven healthcare innovation, wellness infrastructure and allied healthcare services within a single collaborative campus,” the note said. LNMIIT Jaipur, founded by Lakshmi N Mittal, will collaborate with Cleveland Clinic and NMIMC by contributing research infrastructure, advanced technology capabilities and academic expertise to support cutting-edge healthcare innovation, translational research, artificial intelligence and precision medicine initiatives, the note said. Published on June 11, 2026