The US-based American Real Estate is looking forward to launch three multi-specialty hospitals and small clinics in Maharashtra, Gujarat and Madhya Pradesh.

“We are looking at setting up 500-bed hospitals each in Gujarat, Maharashtra and Madhya Pradesh. We have identified land near Surat in Gujarat and Indore in Madhya Pradesh,” Hasan Merchant, CEO, American Real Estate said here today.

The company is also looking at setting up clinics in smaller towns of these three states, Merchant said, adding he will be meeting the Chief Minister, Narendra Modi to discuss investment plans in Gujarat.

Merchant is currently involved in three leading corporations in Chicago that deals in medical clinics and realty activities.

Merchant recently launched Merchant Capital Fund in US market to manage investors’ fund.

Merchant is now looking at launching international business solutions to help large corporations in US seeking SAP engineers from India. He is looking at providing seed money for start up companies in India and setting up joint venture projects or acquire small IT companies.