Tata Trusts to set up Rs 600Cr can­cer in­sti­tute in Andhra

BioSpectrum (India) - - FINANCE NEWS -

Andhra Pradesh Chief Min­is­ter N Chan­drababu Naidu re­cently laid the foun­da­tion stone for Rs 600 crore char­i­ta­ble state-of-the-art can­cer care in­sti­tute, to be set up in Andhra Pradesh by the Tata Trusts. The Sri Venkateswara In­sti­tute of Can­cer Care and Ad­vanced Re­search (SVICCAR) would come up on a 25-acre site al­lot­ted to the Tata Trusts by the Tiru­mala Tiru­pati Dev­asthanams (TTD). The TTD and the Tata Trusts had last year signed a mem­o­ran­dum of un­der­stand­ing (MoU) for set­ting up SVICCAR. The in­sti­tute would come up with 376 beds at an in­vest­ment of Rs 600 crore. The in­sti­tute would have fa­cil­i­ties like ra­di­a­tion, holis­tic care and ad­vanced re­search. The cen­tre will strive to pro­vide care to the pa­tients with­out deny­ing it to those with fi­nan­cial con­straints.

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