Press Release
South Asia's first Medical Technology Park to make Quality Healthcare Affordable in India
Hon’ble Deputy Chief Minister M.K.Stalin inaugurates the 25 - acre park at Irungattukottai, near Chennai for Indigenous manufacture of world-class medical technology products at the park to offer international quality yet cost effective solutions to healthcare providers.
Chennai, 26th January’10: "It's a proud moment for all of us that Trivitron has set up the first medical technology park in the region to manufacture an indigenous line of products designed specifically for Indian markets thus adding another feather to the cap of Tamil Nadu's healthcare segment. As you are aware, Tamil Nadu is the leader in healthcare delivery in the country and is the choicest destination for international medical tourism", said M. K. Stalin, the Deputy Chief Minister of Tamil Nadu. "It is an idea whose time has certainly come. With healthcare costs becoming prohibitive by the day, it is imperative that initiatives like this one be promoted aggressively, he added.
He was speaking at the inauguration of South Asia's first medical technology park at Sriperumbudur near Chennai on Monday. Chennai is chosen as the hub as Govt. of Tamilnadu's initiative for promoting the state as a manufacturing hub and is admired by worldwide for its renowned medical destination and clinical expertise. It is well connected to the world with an eastern seaport and well established airport.
Spread over 25 acres and designed to house 10 international medical technology manufacturers, the park aims to bring cutting edge medical technology to medical professionals across the country at affordable costs. A range of products including Ultrasound systems, Color Doppler, X - ray, C-arm, in-vitro diagnostic reagents and instruments, cardiology diagnostic instruments, critical care instruments,modular operating theatres, operating theatre lights and tables and implantable medical devices will be manufactured at the park. It is expected that the manufacture of world-class medical devices within the country will bring down the overall healthcare costs dramatically.
The first of the various facilities to be set up at the park was also inaugurated on Monday. Inaugurated by Dr. Prathap. C. Reddy, Chairman, Apollo group of Hospitals, the Aloka Trivitron Medical Technologies facility will engage in the manufacture of ultrasound machines, high end colour dopplers and advanced imaging systems. Aloka Trivitron Medical Technologies is a joint venture between Aloka, a Japan based company credited with pioneering the diagnostic ultrasound technology globally and Trivitron.
For quite some time now there has been a felt need of making quality healthcare not only available but also affordable. With the setting up of this park we hope to meet that need. Indigenous manufacture of world class medical devices in collaboration with the best medical technology companies and research institutes in the world will spawn a new era in the spread of life saving medical technology across the country". Added Dr.Pratap C Reddy.
In his welcome address Dr. Parthasarthy emphasized that the products manufactured at the facility will adhere to international standards such as ISO 9000 - 2001, ISO 13485, CE, US FDA and Japan MITI certifications.
In his keynote address Dr. G.S.K.Velu, Founder and Managing Director, Trivitron Group of Companies expressed hope that the setting up of the park will catalyze the rapid spread of medical technology across the country. "The setting up of this park is a dream come true. With this we plan to put India on the global map of medical technology manufacturing. The fact that this initiative will eventually help bring down healthcare costs, facilitating the spread of advanced medical technology across the country is a source of great satisfaction for me", he said.
Trivitron Healthcare Pvt. Ltd. is looking at setting up more facilities at the park very soon. To this end, the company has already signed joint ventures with leading international medical devices manufacturers. These include Brandon Medical, UK, ET, Cardioline, Italy, Johnson Medical, Sweeden and Biosystems, Spain.
Dr. Prathap. C. Reddy, Chairman, Apollo Hospitals Group hailed the setting up of the park as a giant stride towards self - sufficiency in medical devices manufacture. He said that this unique initiative will go a long way in ensuring that quality healthcare becomes widely available. A reduction in the manufacturing costs of medical devices, he said, will in turn reduce the overall healthcare costs significantly.
Prominent among others who spoke were V.K.Subburaj, Principal Secretary, Department of Health and Family Welfare, Govt. of Tamil Nadu, Minoru Yoshizumi, President Aloka Ltd. Japan and V.R.Venkatachalam, Chancellor, Sri Ramachandra Medical University felicitated the chief guest.
About Trivitron
Established in the year 1997, Trivitron Healthcare is the largest medical technology company of Indian origin providing solutions in all areas of medical technology. We operate from 17 offices, 10 warehouses and dedicated team of over 400 professionals catering to demands of healthcare providers. Also we have direct present in Sri Lanka, Middle East, and African markets and are establishing ourselves in emerging markets in South Asia, South East Asia, Middle East and Africa. Trivitron is valued most for its after sales support and the quality of technical experts. Trivitron is the first medical technology company to set up South Asia’s State-Of-The-Art Medical Technology Park to manufacture MT products in India for India and emerging world. This facility will focus on manufacturing MT products in the areas of Critical Care, Renal Care, Lab Diagnostics, Imaging Diagnostics and Devices. Products manufactured in the facility will adhere to international standards such as ISO 9000-2001, ISO 13485, CE, US FDA & Japan MITI certifications. Trivitron has signed JVs with global MT manufacturers who are pioneers in respective segment like Aloka, Japan, to manufacture ultrasound system, Biosystems, Spain, to manufacture diagnostic instruments and reagents, Brandon Medical, UK, to manufacture advanced shadow less operation theatres lights, ET Medical Devices, Italy, to manufacture cardiology diagnostic instruments, Johnson Medical, Sweden, to manufacture modular infection free operation theatres. Trivitron has its second manufacturing hub in Pune to manufacture indigenous MT products under PRIDE series.
Redefining Medical Technology - Trivitron Medical Technology Park
Trivitron Medical Technology Park is a new dimension in the Healthcare industry - a dimension born out of the lacunae created by the dominant presence of MNCs. Currently 90% of medical technology products in the country are imported and thus adding to the burden of the healthcare cost for the patient. Trivitron is the first medical technology company to initiate Medical Technology Park in the country which is a first-of-its-kind endeavor to make products of international standards accessible in India.
The manufacturing facility is spread over 23.5 acres of land at Sriperumbudur near Chennai, adhering to international standards such as ISO 9000-2001, ISO 13485 for medical product manufacturing and will also be complaint with requirements for CE, US FDA and Japan MITI certifications.
This facility will have a cluster of different global medical technology product manufacturers, pioneering in their products worldwide. We have already signed Joint Ventures with five of them to manufacture high end, international standard medical technology products to cater to India and emerging markets. The products to be manufactured will include Imaging, Critical care, Operation Theatre, Diagnostics, Renal Care, Devices and Consumables.
The joint ventures so far signed are:
We have also introduced PRIDE SERIES - an array of indigenous products from electronic equipment to consumables. Through a combination of our own manufacturing operations and technology transfer from collaborators, Trivitron will manufacture a range of products in the areas of cardiology, critical care, diagnostics, renal care, surgical technology etc.
We are first medical technology company to raise private equity to invest in the manufacturing facility.
Hon’ble Deputy Chief Minister M.K.Stalin inaugurates the 25 - acre park at Irungattukottai, near Chennai for Indigenous manufacture of world-class medical technology products at the park to offer international quality yet cost effective solutions to healthcare providers.
Chennai, 26th January’10: "It's a proud moment for all of us that Trivitron has set up the first medical technology park in the region to manufacture an indigenous line of products designed specifically for Indian markets thus adding another feather to the cap of Tamil Nadu's healthcare segment. As you are aware, Tamil Nadu is the leader in healthcare delivery in the country and is the choicest destination for international medical tourism", said M. K. Stalin, the Deputy Chief Minister of Tamil Nadu. "It is an idea whose time has certainly come. With healthcare costs becoming prohibitive by the day, it is imperative that initiatives like this one be promoted aggressively, he added.
He was speaking at the inauguration of South Asia's first medical technology park at Sriperumbudur near Chennai on Monday. Chennai is chosen as the hub as Govt. of Tamilnadu's initiative for promoting the state as a manufacturing hub and is admired by worldwide for its renowned medical destination and clinical expertise. It is well connected to the world with an eastern seaport and well established airport.
Spread over 25 acres and designed to house 10 international medical technology manufacturers, the park aims to bring cutting edge medical technology to medical professionals across the country at affordable costs. A range of products including Ultrasound systems, Color Doppler, X - ray, C-arm, in-vitro diagnostic reagents and instruments, cardiology diagnostic instruments, critical care instruments,modular operating theatres, operating theatre lights and tables and implantable medical devices will be manufactured at the park. It is expected that the manufacture of world-class medical devices within the country will bring down the overall healthcare costs dramatically.
The first of the various facilities to be set up at the park was also inaugurated on Monday. Inaugurated by Dr. Prathap. C. Reddy, Chairman, Apollo group of Hospitals, the Aloka Trivitron Medical Technologies facility will engage in the manufacture of ultrasound machines, high end colour dopplers and advanced imaging systems. Aloka Trivitron Medical Technologies is a joint venture between Aloka, a Japan based company credited with pioneering the diagnostic ultrasound technology globally and Trivitron.
For quite some time now there has been a felt need of making quality healthcare not only available but also affordable. With the setting up of this park we hope to meet that need. Indigenous manufacture of world class medical devices in collaboration with the best medical technology companies and research institutes in the world will spawn a new era in the spread of life saving medical technology across the country". Added Dr.Pratap C Reddy.
In his welcome address Dr. Parthasarthy emphasized that the products manufactured at the facility will adhere to international standards such as ISO 9000 - 2001, ISO 13485, CE, US FDA and Japan MITI certifications.
In his keynote address Dr. G.S.K.Velu, Founder and Managing Director, Trivitron Group of Companies expressed hope that the setting up of the park will catalyze the rapid spread of medical technology across the country. "The setting up of this park is a dream come true. With this we plan to put India on the global map of medical technology manufacturing. The fact that this initiative will eventually help bring down healthcare costs, facilitating the spread of advanced medical technology across the country is a source of great satisfaction for me", he said.
Trivitron Healthcare Pvt. Ltd. is looking at setting up more facilities at the park very soon. To this end, the company has already signed joint ventures with leading international medical devices manufacturers. These include Brandon Medical, UK, ET, Cardioline, Italy, Johnson Medical, Sweeden and Biosystems, Spain.
Dr. Prathap. C. Reddy, Chairman, Apollo Hospitals Group hailed the setting up of the park as a giant stride towards self - sufficiency in medical devices manufacture. He said that this unique initiative will go a long way in ensuring that quality healthcare becomes widely available. A reduction in the manufacturing costs of medical devices, he said, will in turn reduce the overall healthcare costs significantly.
Prominent among others who spoke were V.K.Subburaj, Principal Secretary, Department of Health and Family Welfare, Govt. of Tamil Nadu, Minoru Yoshizumi, President Aloka Ltd. Japan and V.R.Venkatachalam, Chancellor, Sri Ramachandra Medical University felicitated the chief guest.
About Trivitron
Established in the year 1997, Trivitron Healthcare is the largest medical technology company of Indian origin providing solutions in all areas of medical technology. We operate from 17 offices, 10 warehouses and dedicated team of over 400 professionals catering to demands of healthcare providers. Also we have direct present in Sri Lanka, Middle East, and African markets and are establishing ourselves in emerging markets in South Asia, South East Asia, Middle East and Africa. Trivitron is valued most for its after sales support and the quality of technical experts. Trivitron is the first medical technology company to set up South Asia’s State-Of-The-Art Medical Technology Park to manufacture MT products in India for India and emerging world. This facility will focus on manufacturing MT products in the areas of Critical Care, Renal Care, Lab Diagnostics, Imaging Diagnostics and Devices. Products manufactured in the facility will adhere to international standards such as ISO 9000-2001, ISO 13485, CE, US FDA & Japan MITI certifications. Trivitron has signed JVs with global MT manufacturers who are pioneers in respective segment like Aloka, Japan, to manufacture ultrasound system, Biosystems, Spain, to manufacture diagnostic instruments and reagents, Brandon Medical, UK, to manufacture advanced shadow less operation theatres lights, ET Medical Devices, Italy, to manufacture cardiology diagnostic instruments, Johnson Medical, Sweden, to manufacture modular infection free operation theatres. Trivitron has its second manufacturing hub in Pune to manufacture indigenous MT products under PRIDE series.
Redefining Medical Technology - Trivitron Medical Technology Park
Trivitron Medical Technology Park is a new dimension in the Healthcare industry - a dimension born out of the lacunae created by the dominant presence of MNCs. Currently 90% of medical technology products in the country are imported and thus adding to the burden of the healthcare cost for the patient. Trivitron is the first medical technology company to initiate Medical Technology Park in the country which is a first-of-its-kind endeavor to make products of international standards accessible in India.
The manufacturing facility is spread over 23.5 acres of land at Sriperumbudur near Chennai, adhering to international standards such as ISO 9000-2001, ISO 13485 for medical product manufacturing and will also be complaint with requirements for CE, US FDA and Japan MITI certifications.
This facility will have a cluster of different global medical technology product manufacturers, pioneering in their products worldwide. We have already signed Joint Ventures with five of them to manufacture high end, international standard medical technology products to cater to India and emerging markets. The products to be manufactured will include Imaging, Critical care, Operation Theatre, Diagnostics, Renal Care, Devices and Consumables.
The joint ventures so far signed are:
- Aloka, Japan to manufacture ultrasound systems
- Biosystems, Spain to manufacture laboratory reagents for diagnostics
- Brandon Medical, U.K to manufacture high end Operation Theatre Lights
- ET Cardioline, Italy to manufacture cardiac diagnostic instruments
- Johnson Medical, Sweden to manufacture modular infection free Operation Theatre
We have also introduced PRIDE SERIES - an array of indigenous products from electronic equipment to consumables. Through a combination of our own manufacturing operations and technology transfer from collaborators, Trivitron will manufacture a range of products in the areas of cardiology, critical care, diagnostics, renal care, surgical technology etc.
We are first medical technology company to raise private equity to invest in the manufacturing facility.
