Anthem to set up operations in city

Healthcare services provider to have a 2.5 lakh sq ft facility, employ 2,000 employees

Leading healthcare services provider globally, Anthem has chosen Hyderabad to set up its operations, a release from the office of Industries and IT Minister K.T. Rama Rao said on Thursday.

The company has announced a major presence in the city with 250,000 sq ft of space in an SEZ. The proposed facility will employ about 2,000 employees. Founded in the 1940s and headquartered in Indianapolis, US, the company had revenues of $ 90 billion in 2017.

The release said United Healthcare Group (UHG), the largest firm in the healthcare services sector, has the biggest Indian presence in Hyderabad. It has expanded significantly over the last four years consuming over 830,000 sq ft in the city.

On the Innovation front, tech start-up incubator T-Hub — HealthTech which is one of its seven thrust areas — has recently partnered with Australian MedTech entrepreneurs for cross border growth with the government of Victoria providing a grant of AUS $ 80,000, the release said.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Hyderabad / by Special Correspondent / Hyderabad – September 28th, 2018

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