The GVK Group that has diversified interests will invest Rs. 500 crore to set up a health care center with medical college, emergency medical care unit and research and development facility at Sri City in Chittoor district. The GVK group is very familiar to people of both states with its EMRI 108 ambulance services. It is also engaged in diversified activities like hospitality, emergency medical care, life sciences, energy, resources, transportation and airports both domestic and international. It is now entering into medical education also with this proposed project.