The Indian state of Assam has signed a memorandum of understanding (MoU) with Narayana Hrudayalaya Hospitals (NHHPL) to set up a super-speciality hospital in the state.
Narayana Hrudayalaya, one of India's largest multi-speciality hospital chains, will construct a 300-bed hospital in the urban area of Guwahati for Rs1.5bn ($27m).
The facility will offer health services in cardiology, neurology, nephrology, dialysis and urology, among others.
NHHPL chairman Devi Prasad Shetty was quoted by the Business Standard as saying that the group will eventually expand the hospital into a health city with 2,000 to 5,000 beds.
"Our health city in Bangalore has 3,000 beds. It's soon going to touch 5,000 beds. Our target is to reach 10,000 beds," Shetty added.
"We want the same thing to happen here as in whole eastern India there is no such centre providing affordable health care."
As per the agreement, the state government of Assam will contribute nearly Rs550m ($10m) towards the construction and 50% of all beds will be charged at 1.85% below Central Government Health Scheme (CGHS) rates.