Wipro GE HealthCare – RelQ Medical Expo

Wipro GE HealthCare opens greenfield medical devices factory in bangalore under PLI scheme:

Short News :

Across the land mass of 35,000sq.ft,the plant will be manufacturing CT machines, Cathlab equipments, Ultrasound Scanners , Patient monitors solutions,ECG machines and ventilators.It has a workforce of 35 at its shop floor which is near to be more than 100 in upcoming years.

Detailed :

Wipro GE Health care opened a new medical devices manufacturing plant in bengaluru built under the scheme of goverment’s Linked Incentives (PLI) Scheme.

The GreenField built in a record timing of less than a year,with an investment of Rs.100cr.It is the fourth manufacturing plant in india.And it acquires the land mass of 35,000 sq.ft,the plant will be manufacturing CT machines,cath lab equipments,ultrasounds scanners ,patients monitoring solutions,ECGmachines and ventilators. The build up floor is about 35 is constructed and 100 more to be expected in the upcoming years.

The company said the facility starts from the 1st april,Initialy the company tie up with the local markets and later by the export teams.With latest add-on GE HealthCare builts fourth manufacturing plant ,three with wipro and one with BHEL.

GE designs and develops the x-ray machines,ultrasounds scanners and cathlab equipments in India and exports them globally.In GE 31% are locallu manufactured. A significant portions of the company’s diagnostics cardiology products are made in India ,while affordable care products in the maternal and infant care segments are designed,developed and made in the country.

Shravan Subramanyan managing director of wipro GE healthcare said,The new facility is testaments to our continued commitments to a Aatmanirbhar Bharat and is step forward in elevating India’s capability as a global manufacturing hub.

India Imports 75-80% of medical devices.Tp cut down imports and India exports the goverment launched PLI scheme for medical devices.Wipro GE is one among the fifteen companies selected for PLI.The goverment will be offerings 5% increment on incremental sales or up maximum 121 crores per applicants.

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