News
Park Group undertakes O&M of 300-bed Axis Hospital and Research Centre, Kanpur
16-Sep-2026 | 10:52
Aggarwal Hospital and Research Services, a wholly owned subsidiary of Park Medi World, has today, 16 September 2026, entered into operation and management agreement with Axis Educational Society (AES) for operating and managing a 300-bed multi-super speciality hospital, namely Axis Hospital and Research Centre located in Kanpur, Uttar Pradesh, for a term of 28 years.
Park Group will assume complete operation and management of the hospital on an asset-light basis ? investing in renovation, modernisation and medical equipment, and operating the facility under a long term arrangement without an upfront acquisition of land or building. The effective date of the said Operation and Management Agreement shall be no later than 01 April 2027.