The US-based international healthcare provider Columbia Pacific Management would set up its first senior living community in this tech hub, an official said on Wednesday. "With expertise in planning and executing senior living projects across Asia, Canada and the US, we bring the legacy to India. The Seattle-headquartered Columbia serves 1,600 residential homes in nine communities across five cities in south India after it acquired Serene Retirement Homes in March 2017 for an unspecified amount. The five cities where the retirement homes were built are Bengaluru in Karnataka, Chennai, Coimbatore and Kanchipuram in neighbouring Tamil Nadu and Puducherry. "All these countries have growing ageing populations, rising middle and upper-middle-class populations, an under-supply of quality healthcare and senior care facilities.

Source: Mint May 15, 2019 09:00 UTC