ICICI Bank, Tata Memorial Centre Launch Advanced Cancer Care Block in Andhra Pradesh

ICICI Bank, in partnership with Tata Memorial Centre (TMC), has laid the foundation stone for a major new cancer care facility—the ICICI Foundation Block for Child and Blood Cancer—at the Homi Bhabha Cancer Hospital and Research Centre (HBCHRC) in Visakhapatnam. This initiative is part of a broader CSR commitment by ICICI Bank to enhance healthcare infrastructure in India.

Key Highlights:

Funding & Scale:

ICICI Bank is committing ₹550 crore towards this facility.
This is part of its expanded ₹1,800 crore contribution to TMC for new cancer care blocks in Visakhapatnam, Navi Mumbai, and New Chandigarh.
The new eight-storey building will span 3.9 lakh sq. ft., making it one of the largest child and blood cancer treatment facilities in eastern India.

Facility Features:

Capacity to serve 3,000 patients annually, supplementing the current HBCHRC capacity of 6,200.
Over 215 beds, including:
- 14 Bone Marrow Transplant (BMT) rooms
- 14 ICU beds
- 5 Operating Theatres
Advanced diagnostics: 3 LINACs, MRI, and CVT-PET scan units.
Facilities for immunotherapy, CAR-T cell therapy, intensive chemotherapy, and radiation therapy.
Equipped with research labs, training zones, and clinical discussion rooms.

Timeline & Oversight:

The project is expected to be completed by 2027, pending regulatory clearances.
ICICI Foundation for Inclusive Growth, the bank’s CSR wing, will supervise construction and implementation.

Key Participants at Foundation Ceremony:

Mr. Pradeep Kumar Sinha, Chairman, ICICI Bank
Mr. Sandeep Batra, Executive Director, ICICI Bank
Dr. Sudeep Gupta, Director, Tata Memorial Centre
Dr. Umesh Mahantshetty, Director, HBCHRC Visakhapatnam
Dr. Girish Chinnaswamy, Head, Paediatric Oncology, Tata Memorial Hospital

Mr. Sinha also inaugurated the N.K. Rao Auditorium, another ICICI-supported facility at the centre.

Statements from Leaders:

Mr. Sinha (ICICI Bank): The facility strengthens ICICI’s mission to enhance critical healthcare infrastructure and increase access to cancer treatment in eastern India.
Mr. Batra (ICICI Bank): The bank’s CSR support now spans 10.7 lakh sq. ft. of cancer care infrastructure, with 555 beds and 19 LINACs across three cities.
Dr. Mahantshetty (HBCHRC): The block will significantly boost services for pediatric and blood cancer patients in the region.
Dr. Chinnaswamy (TMC): The block will enhance diagnosis, treatment, and research capacities, and allow expansion into bone marrow transplants and immunotherapy.

About the Institutions:

ICICI Bank & ICICI Foundation:

ICICI Bank is among India’s leading private sector banks.
Its CSR arm, ICICI Foundation, focuses on healthcare, environmental sustainability, financial inclusion, and livelihood generation.
As of March 2025:
- ₹21.18 lakh crore in assets.
- 19 million+ lives positively impacted through CSR initiatives.

Tata Memorial Centre (TMC):

Established in 1941, and under the Department of Atomic Energy since 1962.
TMC is a pioneer in cancer care and research, operating leading institutions across India.

Conclusion:
This project marks a significant milestone in India’s fight against cancer, particularly for children and patients with blood-related cancers. It reflects a robust public-private partnership aimed at strengthening regional healthcare infrastructure and improving patient outcomes across Andhra Pradesh and neighboring states.