Siemens Healthineers Sets Up New Facility in India for Medical Devices
Siemens Healthineers has significantly expanded its manufacturing presence in India, aligning with the country’s Make in India initiative and the government’s Production Linked Incentive (PLI) scheme.
Key Developments:
- Inauguration of MRI Manufacturing Facility in Bengaluru (April 2023):
- The company inaugurated a new facility dedicated to manufacturing Magnetic Resonance Imaging (MRI) machines, specifically the MAGNETOM Free.Star—a virtually helium-free scanner with an ultra-compact footprint, designed to enhance accessibility to high-quality MRI diagnostics.
- Launch of CT Scanner Production Line (April 2022):
- Siemens Healthineers expanded its Bengaluru facility with a new production line for Computed Tomography (CT) scanners. This initiative is part of a committed investment of ₹91.9 crore under the PLI scheme, aiming to boost domestic manufacturing capabilities.
Strategic Objectives:
- Enhancing Local Manufacturing:
- By establishing these facilities, Siemens Healthineers aims to reduce dependency on imports, ensuring timely delivery and cost-effectiveness of advanced medical imaging equipment within India.
- Supporting Government Initiatives:
- Participation in the PLI scheme underscores the company’s commitment to the Indian government’s efforts to promote domestic production and position India as a global manufacturing hub for medical devices.
- Fostering Innovation and Collaboration:
- The co-location of manufacturing units with research and development centers in Bengaluru facilitates seamless collaboration, accelerating innovation and the development of products tailored to local healthcare needs.
Implications for Healthcare in India:
- Improved Access to Advanced Diagnostics:
- Local production of MRI and CT scanners is expected to enhance the availability of cutting-edge diagnostic tools across the country, contributing to better patient outcomes.
- Economic Growth and Employment:
- These manufacturing expansions are anticipated to generate employment opportunities and stimulate economic growth within the medical device sector.
Through these strategic investments, Siemens Healthineers is poised to play a pivotal role in advancing India’s healthcare infrastructure, aligning with national objectives to elevate the quality and accessibility of medical services.
