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MoU signed between Ardeshir Dalal Memorial Hospital and Narayana Hrudayalaya private limited

Jamshedpur, July 18, 2008

Ardeshir Dalal Memorial Hospital (ADMH) and Narayana Hrudayalaya Private Limited have signed a Memorandum of Understanding (MoU) today to develop a Medicity for the benefit of the citizens of Jamshedpur. The MoU was signed by Dr. Devi Prasad Shetty, Chairman and Managing Director, Narayana Hrudayalaya and Mr. Avinash Prasad, Vice Chairman, Ardeshir Dalal Memorial Hospital in the presence of Mr. B Muthuraman, Managing Director, Tata Steel. Also present on the occasion were Mr. Raghunath Pandey, President, Tata Workers Union, Dr. B Ray, General Manager, Tata Main Hospital and Dr. N K Das, Chief Medical Officer, Tata Main Hospital, senior management from Tata Steel and other office bearers of Tata Workers Union.

While welcoming the gathering, Mr. Partha Sengupta, Vice President (Corporate Services), Tata Steel, spoke about the purpose statement and the objectives of the project of establishing a MediCity in the city of Jamshedpur. He said that the Medicity will transform significantly the medical facilities for the people of Jamshedpur and Jharkhand.

Dr. Devi Prasad Shetty was overwhelmed at getting an opportunity to serve the people of Jamshedpur and Jharkhand with the support from Tata Steel. "India produces the largest number of doctors and nurse. However, the people do not have the money to afford the expensive treatment. Through this Medicity in Jamshedpur, we will be able to detach medical care from the affluence associated with it. We thought that Jamshedpur would be an ideal pilot city as we will have the support of Tata Steel which has been responsible for the efficient working of the city for the last 100 years."

Mr. B Muthuraman, while speaking on the occasion said that we have full confidence in the commitment and dedication of Dr. Devi Prasad Shetty and his team. "We are happy that that through this initiative, he is involved with Tata Steel in working towards the betterment of the people and society. We will be able to demonstrate to the state of Jharkhand, what we can do for them through this remarkable initiative."

Mr. Raghunath Pandey, President, Tata Workers Union said, "It is a moment of great honour and pride for all of us when Tata Steel is undertaking this initiative in its centenary year. This will really benefit from this."

Ardeshir Dalal Memorial Hospital is a charitable trust which has been set up for the purposes of providing medical care at affordable cost in the areas of surgery, gynaecology and obstetrics cum maternity, dialysis, thalassemia, orthopaedics, chest, dental, mobile X-Ray and various other facilities to the poorer section of society. ADMH has set up a hospital in Baridih for providing medical care to that lower segment society without any distinction of caste, creed or community that cannot afford expensive medical treatment at hospitals and nursing homes. Its vision has a vision to make Jamshedpur a destination for provision of multi-speciality advanced medical care MediCity, medical research, education and training while considering the needs of the poorer sections of society. This MoU with Narayana Hrudayalaya will envision, detail and facilitate the above objectives of creating the necessary infrastructure in the premises of ADMH at Baridih for developing advanced high end super speciality MediCity.

Narayana Hrudayalaya is engaged in providing complete, expert and holistic medical treatment to millions of afflicted individuals by experts at an affordable cost in India. It has become synonymous around the world with the best in cardiac care and other medical services for adults and children. It endeavours to develop centres of excellence in the field of ophthalmology, neurosciences, organ transplants, gastroenterology, total pediatric care and many other disciplines.

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