(L to R) Dr. Sudeep Gupta, Director, Tata Memorial Centre; Sandeep Batra, Executive Director, ICICI Bank; Pradeep Kumar Sinha, Chairman, ICICI Bank and Ajay Gupta, Executive Director, ICICI Bank.
ICICI Bank, along with Tata Memorial Centre (TMC), have announced the commencement of construction of a new cancer care building at TMC’s Advanced Centre for Treatment, Research & Education in Cancer in Navi Mumbai.
Funded through the Bank’s CSR contribution of ₹625 crore, the facility will be among India’s largest radiation therapy centres, equipped with cutting-edge cancer treatment technologies.
This is part of the Bank’s larger commitment of ₹1,800 crore to TMC for setting up of three state-of-the-art cancer care buildings — one each at Navi Mumbai in Maharashtra, Mullanpur (New Chandigarh) in Punjab and Visakhapatnam in Andhra Pradesh, the bank said.
The ground breaking ceremony and unveiling of foundation stone for the building — named as ‘ICICI Foundation Block for Radiation Oncology’ — were conducted on Sunday (October 19, 2025).
The 11-storey building with a ground floor and two basements will span across 3.4 lakh square feet. It will house 12 state-of-the-art Linear Accelerators (LINACs), and other advanced cancer care equipment. LINACs deliver precise radiation to cancer cells thereby minimising damage to surrounding healthy tissues.The ‘ICICI Foundation Block for Radiation Oncology’ will serve 7,200 patients with radiation therapies annually, offering over two lakh radiation sessions to these patients, the bank said.
In addition, the block will provide OPD consultations and diagnostics to 25,000 new patients a year. It is expected to be completed by 2027. ICICI Foundation for Inclusive Growth, the CSR arm of ICICI Bank, will oversee its implementation.
Pradeep Kumar Sinha, Chairman, ICICI Bank said, “Once completed, the ‘ICICI Foundation Block for Radiation Oncology’ will be one of India’s largest centres for radiation therapy. This will significantly augment availability of advanced radiation therapy to larger sections of society.”
Sandeep Batra, Executive Director, ICICI Bank stated, “We are committed to supporting healthcare infrastructure in areas of cancer care in the country. Our commitment of ₹1,800 crore to Tata Memorial Centre for setting up three new cancer care hospitals in Visakhapatnam, Navi Mumbai, and Mullanpur underscores this commitment.“
Dr. Sudeep Gupta, Director, Tata Memorial Centre said, “This contribution strengthens our commitment to delivering advanced, compassionate care to the most needy cancer patients nationwide.”
Published – October 19, 2025 09:14 pm IST
