Archive · 1 Sep 2026
Visakhapatnam Set for Trillion-Dollar Hub with New AIG Hospital
AIG Hospitals is building a very large hospital in Visakhapatnam.
The foundation stone was laid at Yendada.
The hospital will have 1,000 beds when it is fully completed.
Construction will happen in two stages.
The first stage is expected to open by October 2028.
The campus will also include a nursing college, a training centre and an artificial intelligence centre.
Hospital officials expect the project to create about 9,000 jobs.
Minister Nara Lokesh said the project could help Visakhapatnam grow into a trillion-dollar economic region.
IT and HRD Minister Nara Lokesh said Visakhapatnam could become a trillion-dollar economic region.
AIG Hospitals laid the foundation stone for a 1,000-bed facility at Yendada.
The nine-acre campus will be built in two phases, including a nursing college.
The first phase, with 650 beds, is expected to open by October 2028.
The project is expected to create about 9,000 jobs and include research and training facilities.
- Who
- IT and HRD Minister Nara Lokesh, AIG Hospitals, and Andhra Pradesh officials.
- What
- The foundation stone was laid for a 1,000-bed AIG Hospitals campus with medical, research and training facilities.
- When
- The foundation stone was laid on Monday; the first phase is expected to open by October 2028.
- Where
- Yendada, Visakhapatnam, Andhra Pradesh.
- Why
- The project is intended to expand healthcare access, create jobs, train healthcare workers and support regional economic growth.
- Total capacity
- 1,000 beds
- Campus size
- Nine acres
- Phase one
- 650 beds in Towers A and B, expected to operate by October 2028
- Phase two
- 350 additional beds in Tower C over the following two to three years
- Employment
- About 9,000 jobs expected
- Medical services
- More than 50 medical and surgical specialities
- Additional facilities
- Research laboratory, AI centre, nursing college, paramedic training centre and a 500-seat academic auditorium