- At the 2024 Vibrant Gujarat Global Summit, Meril signed a Memorandum of Understanding (MoU) with the Gujarat government, committing Rs. 910 crore in new investments in the medical devices sector
- By producing high-quality “Make in India” devices, Meril is actively reducing India’s dependence on foreign imports and supporting the vision of Atmanirbhar Bharat
- Under the PLI scheme, four of Meril’s group companies operating in Structural Heart, Vascular Interventions, Orthopaedics, and Endo-Surgery are included
NE BUSINESS BUREAU
VAPI, GUJARAT, OCT 29
Meril one of India’s leading global MedTech company, celebrated a significant milestone on Tuesday as Prime Minister Narendra Modi virtually inaugurated its state-of-the-art manufacturing facility established under the Production Linked Incentive (PLI) scheme. Gujarat Chief Minister Bhupendrabhai Patel was present in Vapi at the Meril headquarters during the inauguration.
Meril, a prominent manufacturer and exporter of medical devices, has bolstered India’s global footprint, showcasing the nation’s potential in medtech. By producing high-quality “Make in India” devices, Meril is actively reducing India’s dependence on foreign imports and supporting the vision of Atmanirbhar Bharat.
મુખ્યમંત્રીશ્રીએ મેરિલ પાર્કમાં માનનીય વડાપ્રધાનશ્રી દ્વારા ઉદઘાટન થયેલ મેડિકલ ડિવાઈસના નવા મેન્યુફ્રેક્ચરિંગ પ્લાન્ટની મુલાકાત લીધી હતી તેમજ સર્જિકલ રોબોટિક્સ, હાર્ટ, વાલ્વ, સ્ટેન્ટ અને કેન્સર રિસર્ચની કામગીરીની તલસ્પર્શી માહિતી મેળવી હતી. આ ઉપરાંત, તેમણે મેરિલ સ્ટુડીયોમાં… pic.twitter.com/45KsfVCVXe
— CMO Gujarat (@CMOGuj) October 29, 2024
“We are honoured to be recognised under the PLI scheme, aligning with India’s vision of self-reliance in healthcare. This new facility embodies Meril’s commitment to innovation and quality, enabling us to deliver advanced healthcare solutions globally across 150 countries. With 12 Meril Academies in India and abroad, we are equally dedicated to education and training, empowering healthcare professionals worldwide,” said Vivek Shah, CEO, Meril.
At the 2024 Vibrant Gujarat Global Summit, Meril signed a Memorandum of Understanding (MoU) with the Gujarat government, committing Rs. 910 crore in new investments in the medical devices sector. To date, Meril has invested over Rs. 1,400 crore, highlighting its commitment to India’s medtech ecosystem. This investment is expected to create 5,000 jobs and significantly reduce imports of critical medical devices.
Under the PLI scheme, four of Meril’s group companies operating in Structural Heart, Vascular Interventions, Orthopaedics, and Endo-Surgery are included, supporting the production of essential devices domestically.
