Eye Care Hospital Maxvision Signs MoU With TN Govt, To Invest Rs 400 Cr In 3-4 Yrs

Maxivision Super Speciality Eye Hospitals, a chain of private eye care hospitals signed a Memorandum of Understanding with the Government of Tamil Nadu on Tuesday to set up eye hospitals across the state under the project Velicham. 

The MoU was signed in the presence of Tamil Nadu's CM, M. K. Stalin and Dr GSK Velu, Promoter and Chairman, Maxivison among other officials. 

Cataract is the leading cause of blindness in Tamil Nadu, accounting for about 82 percent of all the cases among different causes. Glaucoma, Diabetic Retinopathy and other causes comprise six per cent each as the causes of blindness as per the Tamil Nadu Rapid Assessment of Avoidable Blindness and Diabetic Retinopathy survey.

With an objective to cater primary eye care to large underserved people, in deep rural pockets of the state, the government launched the project under the Public Private Partnership model with Maxivison Super Speciality Eye Hospitals.

The eye care provider is aiming to invest Rs 400 crores in the coming three to four years while employing close to 2,000 people in Tamil Nadu. 

Dr GSK Velu, Promoter and Chairman of Maxivision Super Speciality Eye Hospitals, said, “We are pleased to join hands with the Government of Tamil Nadu to launch Project Velicham. As an immediate plan of action, Maxivision plans to open 20 to 30 comprehensive eye hospitals and 100 plus vision centres to cater to the increasing needs for high-quality, standardised eye care services across Tamil Nadu in the next two years. Through this MoU, we will invest Rs 400 crores and employ over 2000 people in state of Tamil Nadu within the next three to four years. This collaboration with the Government of Tamil Nadu represents a significant milestone in our mission to make the latest technique and technology available at affordable cost to the larger section of the community.”

Founded in 1996, Maxivision operates 42 centres in six states across South and West India, with a leadership position in Andhra Pradesh and Telangana. The company offers a full suite of eye care services.

Mr Sudheer VS, Chief Executive Officer of Maxivision Super Speciality Eye Hospitals, said: “As part of its CSR initiative, Maxivision will cater to the community Opthalmology needs and prevention of blindness initiatives in tier 3 and tier 4 towns and villages in close cooperation with Government of Tamil Nadu. With this, we are planning to reach out to 12 lakh patients in the first year of our operations.”