Rainbow Children's Medicare inks 60-year lease for 2-acre land in Amaravati

Rainbow Children's Medicare Limited has executed a lease agreement with the Andhra Pradesh Capital Region Development Authority (APCRDA) for approximately 2 acres of land in Amaravati. The lease is for a tenure of 60 years and is intended for the development of a 250-bed super speciality children's hospital and perinatal care facility. The project will be developed in phases, and the company will provide updates on its progress. This expansion aligns with the company's growth strategy in providing specialized healthcare services.