(file photo)Andhra Pradesh Minister for IT and HRD Nara Lokesh

AIG Hospitals will be setting up a greenfield multispeciality hospital in Visakhapatnam with an investment of ₹2,000 crore. The foundation stone for the upcoming hospital was laid by Nara Lokesh, Minister for Human Resource Development & IT, Govt of Andhra Pradesh on Monday. The facility will be built in two phases comprising the main hospital campus and an adjoining nursing college. Phase 1, comprising Towers A and B with 650 beds, is expected to be operational by October 2028. Phase 2 will add a further 350 beds in Tower C over the following two to three years, taking the campus to 1,000 beds.clinical servicesBeyond clinical services, the campus will house a Nursing College, a paramedic training centre, a research laboratory, an AI centre, and a 500-seater academic auditorium.“Our intention in Visakhapatnam is to build the whole ecosystem and make it future-ready,’’ D Nageshwar Reddy, Chairman, AIG Hospitals, said in a release. The hospital will have more than 50 medical and surgical specialties, with modern clinical infrastructure including modular operating rooms, latest cathLabs, advanced endoscopy suites, fully equipped 150 critical care beds and a 50-bed emergency department. The outpatient block has been designed for approximately 5,000 consultations per day.A dedicated Mother and Child block with 120 beds, including a 15-bed neonatal intensive care unit, birthing suites and paediatric services, will form part of the campus.There will also be provision for hostel accommodation for nursing staff, accommodation for visiting faculty, and low-cost accommodation for patients’ families. At full operation, the facility is expected to employ approximately 9,000 people and have 1,000 doctors on its rolls. Published on August 31, 2026