NE BUSINESS BUREAU
CHENNAI, APRIL 1
Wipro GE Healthcare, a leading global medical technologyand digital solutions innovator, on Friday announced the launch of its new manufacturing facility, under the Indian government’s Production Linked Incentive (PLI) Scheme, says a release.
The new plant, Wipro GE Medical Device Manufacturing factory (MDM), is aligned to the National Agenda of ‘Atmanirbhar Bharat’ and will further boost local manufacturing of medical devices in India. The plant is a 100% subsidiary of Wipro GE Healthcare and has been setup as a green field legal entity. The company has invested a little over Rs 100 crore in this facility.
A 35,000 sqft facility, the MDM factory is set up for 24/7 operations for manufacturing CT machines, cathlab equipment, ultrasound scanners, patient monitoring solutions, ECG machines and ventilators.It is equipped with automated testers to assess performance of the medical devices. This facility currently has 35 employees in its shopfloor which is expected to increase to 100 in next 2 to 3 years.
Azim Premji, Chairman, Wipro GE Healthcare and Chairman, Wipro Enterprises, said, “India is on an accelerated growth path in gaining global prominence for medical devices manufacturing.
Wipro GE Healthcare’s new factory, with support from the government’s Production Linked Incentive (PLI) Scheme, will aid the health ecosystem in India to realize its true potential in addressing local and global challenges for healthcare providers.”
Commenting on the launch, Dr Shravan Subramanyam, Managing Director, Wipro GE Healthcare, said, “The new facility isa testament to our continued commitment to an Atmanirbhar Bharat and is a step forward in elevating India’s capability as a global manufacturing hub. We applaud the government’s initiatives towards making India self-reliant. The new draft of the National Medical Devices Policy 2022 provides further impetus towards empowering India’s healthcareecosystem, and we at Wipro GE Healthcare arevery optimistic about the future of MedTech in India.
“We congratulate Wipro GE Healthcare for its contribution towards boosting local manufacturing and generating employment in the local communities. Through our Karnataka Digital Economy Mission, we will provide continued support to the company’s efforts towards augmenting the ESDM sector and providing fillip to the region’s digital economy,” said C N Ashwath Narayan, Minister of Information Technology – Biotechnology, Higher Education, Science and Technology of Karnataka in his virtual address.
Wipro GE Healthcare’s new facility in Bengaluru promotes the Electronics System Development and Maintenance (ESDM) sector and is in sync with the government’s goal to build-up the digital economy for the world through state-of-the-art medical devices made in India.
