Telugu super news,Hyderabad, Apri 4, 2024:CIE-IIIT Hyderabad and Royal Academy of Engineering have jointly launched a tech startup cohort for the UK. Eight startups have been selected in domains of sustainable development goals. The program enables mentoring in India and meeting with prospects and investors in the UK.
The Royal Academy of Engineering’s Leaders in Innovation Fellowships (LIF) programme focuses on nurturing bold, scalable innovations from all areas of engineering and technology that are addressing some of the world’s most complex environmental, economic, and societal challenges. They identify and work with in-country partners to deliver the program within their geographic location. CIE-IIIT Hyderabad is The Royal Academy of Engineering’s partner for India.
The standout Indian startups selected for this program are Nariksha Pads, Pola, Quavilon, ASHA+, Hydroverse, SmartKosh, Revalu, and Precue. Through the LIF programs, these startups will receive comprehensive support, including training, mentoring, and access to an international network. The aim is to equip them with the tools to commercialise their technologies and thrive in the competitive UK market.
Selected innovators will advance impactful solutions addressing the UN’s Sustainable Development Goals (SDGs) globally. The LIF program offers tailored support, including training, mentoring, and access to a diverse network of experts and resources. Supported by the UK’s Department for Science, Innovation, and Technology, these programs drive sustainable development through locally engineered solutions, impacting communities worldwide.
Funded by the UK Department for Science, Innovation, and Technology’s International Science Partnership Fund, and facilitated by The Royal Academy of Engineering, these programs are pivotal in fostering global innovation with a local impact.
“We are thrilled to join forces with the Royal Academy of Engineering in this transformative initiative,” said Prof. Ramesh Loganathan, COO of CIE-IIIT Hyderabad. “This collaboration underscores our commitment to nurturing entrepreneurship and driving positive change through cutting-edge engineering solutions.”
The India training event hosted in Goa served as a platform for startups to showcase their innovations, engage with industry experts, and explore avenues for collaboration and investment.
For further details on the LIF programs and upcoming events, please visit https://raeng.org.uk/lif.
తెలుగు సూపర్ న్యూస్ ,హైదరాబాద్, ఏప్రిల్ 4, 2024: CIE-IIIT హైదరాబాద్,రాయల్ అకాడమీ ఆఫ్ ఇంజనీరింగ్ సంయుక్తంగా UK కోసం టెక్ స్టార్టప్ కోహోర్ట్ను ప్రారంభించాయి. స్థిరమైన అభివృద్ధి లక్ష్యాల డొమైన్లలో ఎనిమిది స్టార్టప్లు ఎంపిక చేయబడ్డాయి. ఈ కార్యక్రమం భారతదేశంలో మార్గదర్శకత్వం, UKలోని అవకాశాలు,పెట్టుబడిదారులను అన్వేషించుకోవడానికి ఉపయోగపడుతుంది .
రాయల్ అకాడమీ ఆఫ్ ఇంజనీరింగ్ లీడర్స్ ఇన్ ఇన్నోవేషన్ ఫెలోషిప్స్ (LIF) ప్రోగ్రామ్ ప్రపంచంలోని అత్యంత సంక్లిష్టమైన పర్యావరణ, ఆర్థిక,సామాజిక సవాళ్లను పరిష్కరించే అన్ని ఇంజనీరింగ్ మరియు సాంకేతిక రంగాల నుండి బలోపేతమైన, అభివృద్ధికి దోహదపడగలిగే ఆవిష్కరణలను పెంపొందించడంపై దృష్టి పెడుతుంది. వారు తమ భౌగోళిక ప్రదేశంలో ప్రోగ్రామ్ను బట్వాడా చేయడానికి దేశంలోని భాగస్వాములను గుర్తించి, వారితో కలిసి పని చేస్తారు. CIE-IIIT హైదరాబాద్ రాయల్ అకాడమీ ఆఫ్ ఇంజనీరింగ్ భారతదేశానికి భాగస్వామి.
ఈ ప్రోగ్రామ్ కోసం ఎంపిక చేయబడిన అత్యుత్తమ భారతీయ స్టార్టప్లు నరిక్ష ప్యాడ్స్, పోలా, క్వావిలాన్, ఆశా+, హైడ్రోవర్స్, స్మార్ట్కోష్, రెవాలు మరియు ప్రిక్యూ. LIF ప్రోగ్రామ్ల ద్వారా, ఈ స్టార్టప్లు శిక్షణ, మార్గదర్శకత్వం,అంతర్జాతీయ నెట్వర్క్కు యాక్సెస్తో సహా సమగ్రమైన మద్దతును పొందుతాయి. వారి సాంకేతికతలను వాణిజ్యీకరించడానికి,పోటీ UK మార్కెట్లో వృద్ధి చెందడానికి సాధనాలతో వారిని సన్నద్ధం చేయడం దీని లక్ష్యం.
ఎంచుకున్న ఆవిష్కర్తలు ప్రపంచవ్యాప్తంగా UN ,సుస్థిర అభివృద్ధి లక్ష్యాలను (SDGలు) పరిష్కరించేందుకు ప్రభావవంతమైన పరిష్కారాలను ముందుకు తీసుకువెళతారు. LIF ప్రోగ్రామ్ శిక్షణ, మార్గదర్శకత్వం,విభిన్న నిపుణులు,వనరుల నెట్వర్క్కు ప్రాప్యతతో సహా తగిన మద్దతును అందిస్తుంది. సైన్స్, ఇన్నోవేషన్,టెక్నాలజీ కోసం UK యొక్క డిపార్ట్మెంట్ మద్దతుతో, ఈ ప్రోగ్రామ్లు స్థానికంగా రూపొందించబడిన పరిష్కారాల ద్వారా స్థిరమైన అభివృద్ధిని అందిస్తాయి, ప్రపంచవ్యాప్తంగా కమ్యూనిటీలను ప్రభావితం చేస్తాయి.
UK డిపార్ట్మెంట్ ఫర్ సైన్స్, ఇన్నోవేషన్ మరియు టెక్నాలజీస్ ఇంటర్నేషనల్ సైన్స్ పార్టనర్షిప్ ఫండ్ ద్వారా నిధులు సమకూర్చబడ్డాయి. రాయల్ అకాడమీ ఆఫ్ ఇంజనీరింగ్ ద్వారా సులభతరం చేయబడిన ఈ కార్యక్రమాలు స్థానిక ప్రభావంతో ప్రపంచ ఆవిష్కరణలను ప్రోత్సహించడంలో కీలకమైనవి.
Telugu super news,Hyderabad, April 4, 2024: Hyderabad has produced many top badminton players over the years and to keep the tradition going, Gamepoint, a leading provider of sports services in the city, opens a new sports centre with top-class badminton facility and coaching in Kukatpally, Hyderabad.
Gamepoint already has nine sports centres in different areas of Hyderabad, providing people with the right infrastructure to improve their skills and fitness levels. The 10th sports centre of Gamepoint will be the first one in the Kukatpally area of the city and will also aim to promote sports among individuals while orchestrating a wide array of sports activities tailored to cater to the community’s needs.
Two top coaches will offer badminton coaching at the elite sports centre, alongside opportunities to engage in a variety of other sports including table tennis, box cricket, and football.
Commenting on the beginning of a sports centre of Gamepoint, Co-Founder and CEO, Aditya Reddy stated, “The launch of Gamepoint’s 10th sports centre in Hyderabad marks a significant milestone in our mission to spread the joy of sports to the local community. We firmly believe that robust infrastructure is important for the growth of sports.
With experienced coaches at the centre, individuals will now have the opportunity to play under expert guidance and benefit from the wealth of knowledge of the coaches. This beginning of Gamepoint Kukatpally serves as a big boost for nearby sports enthusiasts, promising a lasting impact on the community by fostering active lifestyles and promoting sports participation.” Gamepoint Kukatpally is primed to deliver several advantages to sports enthusiasts in the area, enhancing accessibility and engagement, and propelling participatory sports to unprecedented levels.
The nine other centres of Gampoint in the city are HITEC City, 100 Feet Madhapur, Uppal, RVRG Sports Centre, Ganges Nizampet, Indis One City, Trendset Jayabheri Elevate Sports Centre, Marina Skies and Meridian Banjara.
Telugu super news, April 4th,2024:Virgin Atlantic signals its continued commitment to India this week as its new daily service to Bengaluru touched down and the airline also announced a second daily flight to Mumbai taking to the skies in October 2024.
The new flight to Mumbai will be the airline’s fifth daily service to India and from 2025, Virgin Atlantic will offer over one million seats to the country, a 350% capacity growth since 2019, cementing India’s position as a key strategic market for the airline and marking its largest area of growth outside the United States.Alongsidecustomer flying, the increase is also a huge boost for cargo operations with additional capacity to support the movement of goods from the fashion, pharmaceuticals, and tech sectors. With five daily services, Virgin Atlantic Cargo will offer over 40 million kg of space to and from India, a 336% increase in capacity versus 2019.
To celebrate the new services, Virgin Atlantic CEO, Shai Weiss touched down in Bengaluru meeting with partners and customers while experiencing the bustling city for himself. Shai joined British Deputy High Commissioner, Chandru Iyer, in autorickshaws as they visited some of the iconic sites in the city, with the airline’s award-winning cabin crew handing out some of Virgin Atlantic’s signature onboard treats such as- ice lollies and Mile High afternoon tea.
The new services will operate on the airline’s state of the art aircraft, 787-9 Dreamliner offering customers the option of Upper Class, Premium, and Economy Delight, Classic and Light as well as the airline’s signature Upper Class social space. It will also offer seamless connectivity and a premium long-haul experience for those customers connecting via London Heathrow to and from destinations throughout North America including Seattle, San Francisco, and New York JFK, with Virgin Atlantic and transatlantic joint venture partner, Delta Air Lines.
In addition to offering direct services to Delhi, Mumbai, and Bengaluru, Virgin Atlantic has a strategic partnership with IndiGo, India’s largest airline. Customers can book one ticket which allows them to connect seamlessly from other destinations in India such as Ahmedabad, Goa and Hyderabad onto London Heathrow. In total the partnership offers 36 additional destinations and has so far connected over 80,000 customers since the launch in September 2022.
Virgin Atlantic is also pleased to quadruple the number of Indian based cabin crew this summer. Through GSA partner InterGlobe Air Transport, the airline will now average four Indian cabin crew on each flight in order to deliver a more personalised service to our Indian customers.
Shai Weiss, CEO, Virgin Atlantic commented, “I am thrilled to be here in Bengaluru, celebrating not one but two new Virgin Atlantic services. There is a huge opportunity for us in India, it has a dynamic, fast-growing economy and we’re anticipating huge growth in demand for international travel from the region. We know both our customers and people love travelling here and we have a rich history in India. Next year marks 25 years of operations and with our new daily service to Bengaluru and second daily service to Mumbai, it will be the first time that we’ll offer more than one million seats from London Heathrow. These new flights reaffirm our commitment to the country, allowing our customers to travel seamlessly throughout India and beyond, flying on one of the youngest fleets in the skies, with our signature service, delivered by our amazing people.”
Chandru Iyer, British Deputy High Commissioner to Karnataka & Kerala and HM Deputy Trade Commissioner – South Asia (Investment) commented, “I couldn’t be prouder to welcome another great British brand to the city of Bengaluru. Virgin Atlantic will continue to be a key player in strengthening our living bridge between the UK and India. With the growing number of Indian business travellers, tourists, and students to the UK, the addition of Virgin Atlantic to the existing air travel options would be of tremendous benefit to the entire southern region of India, and we at the British Deputy High Commission Bengaluru warmly welcome Virgin Atlantic.”
Satyaki Raghunath, Chief Operating Officer of Bangalore International Airport Ltd said, “We are excited to welcome Virgin Atlantic’s new daily service from London Heathrow to Bengaluru. This marks a significant milestone for BLR Airport as we continue to enhance our international connectivity. The introduction of these new flights opens up a world of opportunities for travel, trade, and cultural exchange. Additionally, these flights provide enhanced travel options for passengers from South and Central India connecting to key destinations worldwide. At BLR Airport, we remain steadfast in our commitment to increasing our non-stop connectivity to key global centres and delivering a seamless experience for all passengers travelling through our airport.”
New service to Bengaluru
Flight Number
Launch Date
Departure Airport
Departure Time
Arrival Airport
Arrival Time
Aircraft
VS316
31-MAR-24
LHR
12:25
BLR
02:45*
Boeing 787-9
VS317
01-APR-24
BLR
04:35
LHR
10:45
Boeing 787-9
New flight to Mumbai (subject to Government approval)
Telugu super news, National, April 32024: PhonePe today announced a partnership with Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s largest retail health insurance Company, to offer customers health insurance with a monthly and annual payment option. With this partnership, PhonePe users will now be able to avail of ‘Star Comprehensive Insurance Policy’ on the PhonePe app with coverage up to Rs.1 Crore. Having previously disrupted the market with its motor insurance products, with this launch, PhonePe further expands the options available to its users in the health insurance category.
Through this partnership, for the first time, Star Health Insurance’s Comprehensive Health Insurance will be offered to customers with a monthly premium payment plan, pioneered by PhonePe – a first-of-its-kind initiative in the industry. Users can also opt to pay their premium with the UPI AutoPay mandate and enjoy added convenience. This move was driven by a critical insight that smaller monthly payments ease the financial burden for users while empowering and enabling them to opt for more extensive insurance coverage without stretching their finances.
Star Comprehensive Insurance Policy is a power-packed insurance plan with benefits including the most popular OPD and maternity coverage. Market research conducted with PhonePe’s user base indicates that these two features were the most preferred by customers while buying health insurance. Star Comprehensive Health Insurance Policy is an end-to-end health insurance policy with sum insured available up to Rs.1 crore. The policy covers road ambulance and air ambulance expenses, out-patient medical consultation up to the limits, out-patient coverage for dental and Ophthalmic treatment, delivery expenses, organ donor expenses, provides coverage for newborn babies, including any congenital disorders, from day one of birth and vaccination expenses of the new born until the baby completes one year. Mental well-being is covered up to the sum insured. The policy does not impose sub-limits for day care procedures. Accidental death and permanent total disablement is covered up to 1 crore.
Star Comprehensive Health Insurance Policy also offers wellness programmes that provide discounts on premiums and condition management programmes. Furthermore, the policy provides an annual health check-up, automatic restoration of the sum insured up to 100%, and a cumulative bonus, payable up to 100% of the basic sum insured.
Speaking on the partnership, Vishal Gupta, CEO of PhonePe Insurance said “PhonePe is excited about this partnership with Star Health. Star’s differentiated benefits combined with PhonePe’s distribution, customer centric approach and simple DIY journeys will help turbocharge insurance adoption and penetration in the country. We are on a mission to help turn India from an underinsured nation to one that is adequately insured and view this partnership with Star as a crucial milestone in this journey.”
Speaking on the partnership, Anand Roy, MD and CEO of Star Health Insurance, said, “We are excited to partner with PhonePe and offer health insurance targeted at Gen Z and Millennials since people in that group are digital natives. The partnership between Star Health Insurance and PhonePe will provide consumers with a hassle-free payment option that is light on the pocket and at the same time meets their wellness needs. Today, health insurance has become a necessity. Given the high medical inflation in the country, it has become crucial to have an all-inclusive health cover that can protect at every stage of an individual’s life. At Star, we believe in keeping our customers healthy, and towards that end, customers buying our policies will not just get insurance but will also have access to free teleconsultations, homecare, and nutritionists, among other services. We look forward to expanding our digital reach through this partnership.”
Users can purchase the policy via the PhonePe app by clicking on the Health Insurance option, selecting the members to be insured, the desired sum to be insured and the payment tenure. Here, they can choose either monthly EMIs or annual payments and then select the policy of their choice. Once they opt for the policy, the customer’s have to fill in their details, such as name, age, and gender, followed by the health history of all members to be insured. This will be followed by a regulator mandated Know Your Customer (KYC) form and declarations, once the payment is completed.
Star Health, in association with PhonePe, plans to roll out more such innovative offerings across its indemnity and benefit products.
Telugu super news,National, April 1st, 2024: MG Motor today announced that it had registered retail sales of 4648 units in India, ending March 2024. In FY 2023-24, the carmaker registered around 14 percent Y-o-Y growth over the last FY 2022-2023. The moderation in automobile industry growth, particularly passenger vehicle (PV) sales, evidenced in March, on the back of a delayed festive season and various other factors, should see a gradual positive uptick in the months to come.
Telugu super news,National, March 28, 2024: PhonePe App users traveling to the UAE can now make payments using UPI at Mashreq’s NEOPAY terminals, available across a wide array of retail stores, dining outlets, as well as tourist and leisure attractions. They simply need to scan the QR code for seamless and rapid payments. These transactions are facilitated by the Unified Payments Interface (UPI). The account debit will occur in INR, showing the currency exchange rate.
Additionally, NRIs with UAE mobile numbers can also download the PhonePe App and link their existing NRE and NRO accounts to facilitate payments. This aims to enhance the ease and convenience of transactions for the Indian diaspora in the UAE.
This collaboration is facilitated through Mashreq’s partnership with NPCI International Payments Limited (NIPL). Through this partnership, Mashreq has enabled NEOPAY terminals to accept UPI apps as a payment instrument, thus allowing Indian travelers to conveniently use UPI for transactions.
This strategic alliance combines PhonePe’s cutting-edge technology with Mashreq’s commitment to incorporate best-in-class tech and innovation in their operations. It will play a vital role in providing a superlative customer experience at NEOPAY terminals.
Speaking on the partnership Ritesh Pai, CEO International Payments, PhonePe said, “We are thrilled to announce our partnership with Mashreq. UAE is a very popular destination, with millions of Indian visitors every year. With this partnership, customers can now conveniently transact through UPI, a payment method they are familiar with. Enabling digital payments not only reflects PhonePe’s commitment to convenience but also embraces the evolving needs of today’s travelers. This collaboration opens doors to seamless transactions, ensuring a smoother and more enjoyable journey for visitors.”
Vibhor Mundhada, CEO of NEOPAY at Mashreq added, “We are delighted to collaborate with PhonePe to offer yet another new payment solution for Indian tourists and visitors in the UAE, helping further cement the already strong financial relations between the two countries. This latest launch underscores our commitment to incorporating innovation and technology into our operations, and to providing the solutions and experiences our customers want and need.”
Anubhav Sharma, Deputy Chief – Partnership Business Development & Marketing, NIPL said, “We aim to actively collaborate with financial institutions around the world, fostering partnerships to deliver convenient and secure cross-border payment solutions for consumers. This partnership encourages fintech collaboration and unifies the ecosystem to streamline payment processes for Indian travelers to UAE.”
In addition to facilitating travel and local transactions, PhonePe will also introduce inward remittance services once the corridor for inward remittances is enabled. This will simplify the process of transferring money by leveraging the UPI infrastructure, thereby eliminating the need for details such as bank account numbers and IFSC codes.
సూచిరిండియా ఫౌండేషన్ ఆధ్వర్యంలో ఏప్రిల్ 4న శ్రీనగర్ కాలనీలోని శ్రీ సత్యసాయి నిగమాగమం లో సర్ సివి రామన్ యంగ్ జీనియస్ అవార్డుల ప్రధానం ….
ప్రముఖ సామాజిక సేవాసంస్థ సుచిరిండియా ఫౌండేషన్ 31వ సర్ సివి రామన్ టాలెంట్ సెర్చ్ పరీక్షను జాతీయ మరియు రాష్ట్ర స్థాయిలో వివిధ పాఠశాలల్లో నిర్వహించింది. 1500 పాఠశాలల నుండి 1,00,000 మంది విద్యార్థులు పాల్గొన్నారు. దేశ వ్యాప్తంగా మరియు తెలుగు రాష్ట్రాల పరిధిలో నిర్వహించిన 31వ జాతీయ స్థాయి సైన్స్ టాలెంట్ సెర్చ్ పరీక్షల్లో 16 మందికి గోల్డ్ మెడల్స్, 16 మంది ర్యాంకేర్స్ కి మరియు 396 డిస్ట్రిక్ ర్యాంకేర్స్ కి, 8 మంది కి ఛత్రలయా పురస్కార్ అవార్డ్స్, 8 మందికి గురు బ్రహ్మ అవార్డ్స్, రాష్ట్రా స్థాయి మెడల్స్ మరియు జిల్లా స్థాయి ర్యాంక్స్ వచ్చిన యువ టాలెంట్ విద్యార్థులకు శ్రీ సత్యసాయి నిగమాగమం లో అవార్డులు ప్రదానం చేయనున్నారు అని సూచిరిండియా ఫౌండేషన్ నిర్వహకులు లయన్ కిరణ్ తెలిపారు.
ఈ కార్యక్రమానికి ముఖ్య అతిథిలుగా డా. జి. సతీష్ రెడ్డి గారు,రక్షా మంత్రికి మాజీ సైంటిఫిక్ అడ్వైజర్, సెక్రటరీ DD (R&D) , & చైర్మన్ DRDO. H.E. నికోలాయ్ హ్రిస్టోవ్ యాంకోవ్, భారతదేశానికి రిపబ్లిక్ ఆఫ్ బల్గేరియా యొక్క గౌరవనీయమైన అంబాసిడర్ అసాధారణ & ప్లీనిపోటెన్షియరీ మరియు శ్రీ. చంద్రబోస్ ఆస్కార్ అవార్డు గ్రహీత, టాలీవుడ్ గీత రచయిత మరియు గాయకుడు పాల్గొనున్నారు.
Telugu super news,India ,March 27, 2024: TheWork Integrated Learning Programmes (WILP) division of Birla Institute of Technology & Science (BITS) Pilani will be hosting International Conference on Work Integrated Learning (ICONWIL-2024) at its Hyderabad campus on April 15 and 16, 2024. With extensive focus on developing constructive directions for the future in the critical and specific domain of “work integrated learning,” the conference aims to bring together scholars, practitioners, and policymakers from across the globe. The aim is to provide a thought-provoking common platform, where they can exchange their research findings and innovative ideas, share best practices, experiences, and insights on diverse aspects, and discuss solutions for various practical challenges that are encountered by professionals in the field of teaching and learning.
Prof. (Dr.) T G Sitharam, the Chairman, All India Council of Technical Education (AICTE), Government of India, has gracefully accepted BITS Pilani’s invitation to be the Chief Guest for the opening ceremony of the conference.
Engaging keynote speeches, panel discussions, and paper and case study presentations
The conference will have keynote speeches and panel discussions (on contemporary topics in work integrated learning space) by internationally acclaimed thought leaders from both academia and industry. Some of the prominent speakers who shall grace the conference are Prof. Manu Kapur, Professor, ETH Zurich, Prof. Daniel Jonathan Bernstein, Professor-Emeritus, University of Kansas, USA, Prof. Nelson Lacey, Professor-Emeritus, University of Massachusetts, Dr. Lakshminarayanan Samavedham, Associate Professor, University of Singapore, Dr. Edamana Prasad, Professor, IIT-Madras and Mr. P B Kotur, Global Head of Engineering Academy, L&T Technology Services Ltd. The conference will also have paper and case study presentations from researchers and practitioners on five engaging tracks i.e. perspectives on future directions for work integrated learning, pedagogical practices, assessment models, innovation and learning technologies, and industry-academia collaboration.
Showcase of tech-powered innovative learning solutions and a hands-on workshop
A student competition, “EduForge,” focusing on tech-powered solutions for “work integrated learning” will also be held as part of the conference. The competition will challenge participants to conceptualize, design, develop, and present innovative technological solutions that can help enhance the learning experience of students. The participants will have opportunities to showcase their innovation in five different tracks i.e. AI-enabled work integrated learning, innovative solutions for experiential learning, tech-enabled student engagement and peer learning, tech-enabled assessment, and tech-enabled student support system. A hands-on workshop on leveraging Generative AI in teaching and learning (with specific focus on practical use cases in work integrated learning) will also be facilitated by Mr. Keshava Rangarajan, co-founder and Chief Innovation Officer, Spanda AI, USA.
Telugu super news,India,March,2024: Wipro GE Healthcare, a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator, today announced an investment of over INR8000 Crores in manufacturing output & local R&D over next 5 years. Poised for exponential growth, MedTech, the Sunrise Sector is thriving with the hospital industry in India, accounting for 80% of the total healthcare market and witnessing strong investor demand locally and globally. This strategic investment bolsters Wipro GE Healthcare’s local manufacturing footprint to address the growing domestic and international market and will build supply chain resiliency for the organization. As a part of this investment, the Wipro GE Healthcare ‘Made in India’ PET CT Discovery IQ will be exported to 15 countries. Additionally, the ‘Made in India’ Revolution Aspire CT, Revolution ACT and MR breast coils will be manufactured ‘In India for the World’.
India is among the top 20 global markets for medical devices in the world. Wipro GE Healthcare is among the first MedTech companies to ‘Make in India – for India and the world’ over past three decades, investing upwards of over $4Billion in R&D and manufacturing output in India since inception. Over the decades, the organization has fostered a strong local supplier ecosystem of MedTech component manufacturing – covering capabilities like plastics, EMS, machining, castings, 3D printing – contributing $1M supplier Labor hours. The investment will include creation of additional 400,000 labor hours.
Azim Premji, Chairman, Wipro GE Healthcare, Chairman, Wipro Enterprises and Chairman Azim Premji Foundation, said, “India is riding the resurgent growth in the healthcare industry and rapidly expanding MedTech sector. With ‘Make in India’, we are witnessing an exponential expansion of manufacturing footprint in the country, strengthening India’s capability as the MedTech hub of the world. Wipro GE Healthcare has been committed to this localization journey for over three decades and this strategic investment is testament to our vision for this sector.”
Peter J. Arduini, President and CEO, GE HealthCare said, “India is a high potential, high priority market for GE HealthCare globally. In fact, we are among the first MedTech companies to ‘Make in India – for India and the World’. We will continue to invest in expanding India’s domestic capabilities and its global footprint in MedTech manufacturing and R&D. Today’s announcement is aligned with our strategic vision to deliver precision innovation globally and accelerate India’s position as ‘MedTech innovation and manufacturing hub for India and for world markets.”
Chaitanya Sarawate, Managing Director, Wipro GE Healthcare and President & CEO, GE HealthCare South Asia said, “Innovating in India and Making in India – for India and for the World, has always been a priority for us, evident in our trajectory and investments over past three decades. We have fostered a strong innovation track record, a local supplier ecosystem and built a portfolio of world class products in India, for India and the world. As a local partner we are bullish about India’s potential and its journey to be ‘Atmanirbhar’ and a key cog in the resilient global supply chain. As India envisions to be among top five global manufacturing hubs in terms of value and technology for Medical Devices in the coming years, we are committed to the national healthcare agenda.”
Currently, the organization has four manufacturing plants in Bengaluru. All four manufacturing plants are export plants – the latest one established in March 2022 with an investment of a little over INR100 crore under the Indian government’s PLI Scheme.
GE HealthCare is among the first healthcare companies to start an R&D center in India over three decades back. The Healthcare Technology Center India (HTCI) is GE HealthCare’s largest R&D center outside of the USA, situated in John F. Welch Technology Centre (JFWTC), Bengaluru. The organization also has collaborations with leading academic institutions in the country to further research. In January 2024, GE HealthCare signed an MoU with Indian Institute of Science (IISc) to advance MedTech innovation from India – for India and the world.