GE Healthcare plans to manufacture medical devices in India, which might be exported to other geographies.
Speaking at the launch of its new CT scan machine, John Flannery, President and CEO, pointed out that the Narendra Modi government’s ‘Make in India’ policy, coupled with a maturing ecosystem that includes suppliers, is prompting the healthcare giant to design and make products, starting from its Bengaluru centre. Further, the company has announced GenWorks, a new venture that will cater to 450 tier-II and-III towns by taking GE’s devices and provide training and support to doctors. Flannery said the CT scan machine, called Revolution ACTs, has been built using inputs from hospitals and costs less than ₹1 crore, which is 40 per cent less than the current price of a CT scan machine in the market. “This device has been built keeping in mind lesser power consumption. It has less radiation and is portable and suitable for rugged conditions,” added Terri Bresenham, President and CEO of GE Healthcare South Asia. The Bengaluru factory plans to produce 100-200 machines a year.
Business Line
