INDIA – Siemens Healthineers has established a new CT scanner production line in Bengaluru as part of the Government of India’s Production Linked Incentive (PLI) scheme in order to expand its manufacturing footprint in India.
The new production line set up by Siemens Healthineers at the Bengaluru factory is approved under the Radiology and Imaging Medical devices segment of the PLI scheme.
Siemens Healthcare Private Limited is one of the approved applicants for the PLI scheme, with a committed investment of Rs 91.9 Crores (US$12.1 million) in CT and Magnetic Resonance (MR) Imaging.
Siemens Healthineers announced the expansion of its manufacturing facility in India in order to accelerate the country’s medical device growth.
This is consistent with the Union government’s designation of medical devices as a priority sector for the flagship ‘Make in India’ initiative.
The Department of Pharmaceuticals launched a production linked incentive (PLI) scheme with the goal of increasing domestic manufacturing and attracting large investments in the medical device sector.
The PLI scheme for the medical device sector was notified by the DoP in a gazette notification dated July 21, 2020. The total cost of the PLI scheme is Rs. 3,420 crores (US$451.5 million).
Vivek Kanade, Managing Director, Siemens Healthcare Private Limited said, “The investor-friendly initiatives of the Government of India will give a fillip to the Indian Medical Device industry and the healthcare sector at large.
Commencing operations of the new CT scanners production line is our first step in culminating the vision into a reality. It will go a long way in our quest of improving access to high-quality healthcare for all.”
The PLI scheme, in conjunction with the Government of India’s (GoI) investor-friendly initiatives, has provided the necessary impetus to India’s vision of becoming a global manufacturing hub for medical devices.
In separate news, Aster DM, a leading Gulf Cooperation Council (GCC) healthcare provider has partnered with Siemens Healthineers to accelerate its technological and digital transformation.
According to the company, Aster DM Healthcare Group, has signed a seven-year partnership with the German company to upgrade its systems, develop additional digital offerings, and provide support in training and capacity building in its GCC outlets.
Eurohealth Systems (EHS), a Dubai-based firm that specializes in healthcare and advisory consultancy in the Middle East and North Africa, will facilitate the collaboration, with workflow optimization as a key goal to improve clinical services.
Other important areas of focus include continuous supply, maintenance, product lifecycle management, and medical technology.
Siemens Healthineers will also provide medical professionals with “educational services.”
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