Wipro GE Healthcare Boosts Local Manufacturing
Wipro GE Healthcare, a leading global medical technology and digital solutions innovator, today announced the launch of its new manufacturing facility, under the Indian government’s Production Linked Incentive (PLI) Scheme. 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 INR100 crore in this facility.
A 35000 sq ft 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 is a 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 healthcare ecosystem, and we at Wipro GE Healthcare are very 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.
“GE’s 14 factories across energy, aviation and healthcare manufacturing already play a significant role in supporting India’s Make in India goals. The launch of our fourth healthcare manufacturing facility in the country highlights local hi-tech manufacturing skills, and a growing ecosystem for production of medical devices and components. I am proud of the Wipro and GE partnership that continues to catalyze product development and growth in access to healthcare in the country,” said Mahesh Palashikar, President, GE South Asia.
Addressing those gathered at the inauguration, Dr E V Ramana Reddy, ACS, Dept of Electronics, IT BT S&T said, “Karnataka has always led the country’s technological progress. Policy initiatives at the central and state level have additionally encouraged the growth of the ESDM sector along with the growing demand for superior technology products. Industry 4.0 and the medical devices sector is heavily dependent on India’s electronics and manufacturing capabilities and creating a suitable ecosystem to foster this growth will take the nation far ahead. Initiatives such as these by Wipro GE Healthcare reflect their commitment towards making the state a pivot for innovation and growth. The industry’s acceptance of KDEM’s ESDM-led programs is a positive sign towards building the state’s IT and ESDM sector and taking it to a global platform.”
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.
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