The French medical devices maker plans on bringing more products and strengthen its manufacturing capabilities in India with significant investments
Following suit with Prime Minister Narendra Modi’s ‘Make in India’ initiative, Péters Surgical, the leading French medical device manufacturer, today inaugurates its new site in Manesar, Haryana. Expanding its expertise into developing, manufacturing and marketing of single-use medical devices for operating room, the opening of this brand new facility is expected to contribute greatly in improving the quality of patient care and contribute to the success of surgical procedures by developing high-performance medical devices in India. Spread across 17,000 sq ft area, the Manesar site will help in moving up the quality scale of their needles workshop along with increasing our production capacity. Furthermore, a new clean room with ISO 8 ground floor will be operational by 2020.
Designed to manufacture world-class medical devices, the facility will adopt an environment friendly approach, with the use of solar panels for power generation, water recycling and waste treatment processes, informed a company release. “We are very proud to increase our investment as part of the ‘Make in India’ government led initiative. It gives us access to very qualified local workers. This expansion of our new manufacturing facility will serve to treat more patients in the world with high-quality medical devices,” said Thierry Herbreteau, CEO, Péters Surgical.
Reportedly, Péters Surgical is the only French company designing, manufacturing and selling surgical sutures, and a leader in haemostatic clips. The company has now chosen India to go further and expanded its manufacturing facility in India. Although the Indian facility is currently focused on surgical sutures, the company is also working on other products such as: surgical clips (with re-usable appliers and single use), single use laparoscopic instruments, surgical meshes, tissue glues, etc. Péters Surgical is also looking at building a R&D, IT and global logistic hub in India to reinforce its presence. Hence, Péters Surgical expects to employ over 500 people within its Indian operation and multiply its revenues by five in the region, according to its five-years strategic plan.
Speaking further about the plans in India, Rajdeep Das, CEO, India Operations, said, “While currently manufacturing assortment of surgical sutures for domestic and export markets, we are planning to bring more product manufacturing in India in coming months. It will not only position us as one of very few medical device multinationals with world-class local manufacturing facility, will also help us living our mission of improve the quality of patient care and contribute to the success of surgical procedures.”
Acknowledging the ‘Make in India’ initiative, Péters Surgical plans on bringing more products and strengthen its manufacturing capabilities in India, the company plans significant investments in the near future towards that end, informed the company.