Business

GE Healthcare takes big leap in Make in India journey

GE Healthcare, a unit of General Electric Company of US, today achieved a major milestone in its ‘Make in India’ journey by launching a new CT (Computed Tomography) scanner, completely designed, developed and manufactured in India. The four-slice scanner is manufactured at GE’s facility at Whitefield in Bengaluru.

The product, which is 26th from the company made in India, will be marketed in Tier-II and Tier-III cities in India. It will also be exported to many other countries in South East Asia, said John Flannery, Preident and CEO of GE Healthcare.

“This is an affordable CT scanner developed over the last four years in Bengaluru at an estimated cost of Rs 120 crore. About 50 engineers at our R&D centre here worked for the design and development. We are offering it at less than Rs 1 crore, which is 40 per cent less than an imported machine,” Flannery said.

He said the company will manufacture around 200 units per annum and scale it up to 1,000 units a year depending on the demand. Currently, there are around 3,500 CT scanners used in Indian hospitals, which is about a fifth of China’s size.

“The healthcare market in India is booming in secondary cities and we want to expand our market,” said Terri Bresenham, Preident and CEO, GE Healthcare South Asia.

She said GE Healthcare has recently formed a new national network – GenWorks Health Pvt Ltd to distribute and service its equipment in Tier-II to Tier-IV cities in India. GenWorks has commenced operations with 150 trained professionals. To begin with, the company is eyeing 450 towns to take disruptive technologies, training and support closer to healthcare providers.

GE Healthcare is currently awaiting approval from Automic Energy Regulatory Board (AERB) for the new scanner and sales would begin soon after that, a company official added. The product is already approved by US FDA.