New Launch20 Feb 2026, 03:10 pm
Artemis Medicare Services to Operate 650+ Bed VIMHANS Hospital in South Delhi
AI Summary
Artemis Medicare Services Ltd. has executed a Medical Services Agreement with Dr. Vidya Sagar Kaushalya Devi Memorial Health Centre to operate, manage, and provide medical services at Vidyasagar Institute of Mental Health and Neuro & Allied Sciences under the brand name ‘VIMHANS ARTEMIS HOSPITAL’. The 650+ beds hospital is located in Nehru Nagar, New Delhi. The project is expected to generate meaningful revenue and cost synergies with AMSL’s existing NCR operations. The hospital will be developed as a fully integrated 650+ bed tertiary and quaternary care facility, delivering advanced clinical programmes across all major specialties.
Key Highlights
- Strategically located in the prime Nehru Nagar area of South Delhi, ensuring strong connectivity and accessibility.
- Planned commissioning of approximately 450 beds in the initial phase by FY29, with expansion to 650+ beds in the subsequent phase.
- Designed to address the growing healthcare demand in the region that exceeds the capacity of Artemis’ existing facility.
- Total planned capital expenditure of approximately INR 500 - 520 crore, to be incurred in a phased manner.
- Upon completion, the facility is expected to directly employ over 2,000 healthcare and support professionals.