Indian billionaire Gautam Adani on Monday said his family will invest over 60 billion rupees ($686.18 million) to launch two affordable health campuses in Mumbai and Ahmedabad in consultation with the U.

Rochester-based health system will provide guidance on the development of “affordable” hospital sites in two of India’s largest cities.

The Adani Group is set to join hands with the US' Mayo Clinic to launch hospitals and medical education campuses in India, investing a staggering $1.6 billion in the first phase of the partnership.

Gautam Adani, Chairman of the Adani Group, announced the launch of Adani Health City (AHC) integrated health campuses, to be implemented through the Group's not-for-profit healthcare arm.

Each of these integrated campuses will comprise 1,000-bed multi-super-specialty hospitals, medical colleges with an annual intake of 150 undergraduates, 80+ residents and 40+ fellows, step-down and transitional care facilities,

Adani Group will invest Rs 6,000 crore to build two multi-specialty hospitals and medical colleges in Mumbai and Ahmedabad in partnership with Mayo Clinic, providing world-class healthcare to all Indians.

Gautam Adani, the Chairman of the Adani Group, on Monday announced to launch Adani Health City (AHC) in partnership with US-based Mayo Clinic that aims to pioneer world-class medical research, affordable healthcare and education.