Punarnava Ayurveda Hospital inks MoU with Saudi firm.

The Kochi-based Punarnava Ayurveda Hospital has inked a deal with Saudi-based healthcare and tourism firm Al-Hokair group to jointly establish 20 Ayurveda rehabilitation centres in West Asia. The group also proposed to invest Rs. 300 crore in Kerala’s ayurveda hospitality sector by setting up an ayurveda hospitality chain with global standards.

The MoU was signed by AM Anwar, Managing Director and chairman of Punarnava and Abdul Muhsin of Al-Hokair chairman of Al-Hokair.

Punarnava owns eight hospitals in Thiruvananthapuram, Kollam and Ernakulam districts and a drug manufacturing company in Thrissur.

HBL