Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
Tue, Oct 15, 2019 | Last Updated 2:46 am IST

Menu &Sections

Search

Stent Manufacturing Unit in Hyderabad soon: KTR

Stent Manufacturing Unit in Hyderabad soon: KTR
Stent Manufacturing Unit in Hyderabad soon: KTR
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Hyderabad sources stated that Sahajanand Medical Technologies (SMT), a leading manufacturer of coronary stents in India, on Tuesday announced setting up an integrated manufacturing unit of minimally invasive life saving medical devices in Telangana with an investment of Rs 250 crore. Meanwhile the proposed unit, to come up at Medical Devices Park at Sultanpur in Sangareddy district, is expected to generate 2,200 direct and 500 indirect employment opportunities, according to a Telangana government statement.



Accordingly the unit will have a manufacturing capacity of more than 1.25 million stents per annum, which will make it Asia's largest stent manufacturing unit. Moreover the Surat based SMT is currently the number two player in the Indian market for stents and hopes to capture the pole position in two years.

Stent Manufacturing Unit in Hyderabad soon: KTR

Information Technology and Industries Minister K.T. Rama Rao said "It is indeed a pleasure to have a company that manufactures technologically sophisticated implantable products such as stents at global standards set up Asia's biggest facility in Hyderabad and hence this further reinforces Telangana's position as a preferred destination for innovator and technology companies”.


Stent Manufacturing Unit in Hyderabad soon: KTR
5/ 5 - (1 votes)
Add To Favourite
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.