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Siemens Healthineers unveils new manufacturing facility for MRI machines at Bengaluru

Ruchika SharmaWritten by Ruchika Sharma Published On 2023-04-21T15:15:50+05:30  |  Updated On 21 April 2023 3:16 PM IST
Siemens Healthineers unveils new manufacturing facility for MRI machines at Bengaluru
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The new facility is approved under the Radiology and Imaging Medical devices segment of the Production Linked Incentive Scheme by the Government of India and the Department of Pharmaceuticals.

Bengaluru: Siemens Healthineers has inaugurated the new manufacturing facility for Magnetic Resonance Imaging machines at Bengaluru. The company will currently manufacture MAGNETOM Free.Star, a disruptively simple approach to high-quality MRI in India.

"Under the Government of India’s Production Linked Incentive (PLI) scheme, the company is dedicated to manufacture Computed Tomography (CT) and Magnetic Resonance Imaging (MRI) devices," the company stated.

The new facility is approved under the Radiology and Imaging Medical devices segment of the Production Linked Incentive (‘PLI’) Scheme by the Government of India (GoI) and the Department of Pharmaceuticals (‘DoP’).

“We have always believed in holistic growth and this encouragement from the Government is consistently fueling our ambitions. With the expansion of our manufacturing footprint in India, we are thrilled to be able to contribute even more to India’s growth story and pioneer healthcare for everyone, everywhere.” said, Vivek Kanade, Managing Director, Siemens Healthcare Private Limited.

According to the Indian government, medical device manufacturing is a priority industry for the flagship ‘Make in India’ initiative. The Department of Pharmaceuticals introduced a Production Linked Incentive (PLI) scheme with the aim to support domestic manufacturing and luring significant investment in the industry. The scheme has given India's goal of becoming a major hub for the production of medical devices the required impetus, and this has been further aided by the investor-friendly initiatives of the Government.

MAGNETOM Free.Star is a designed-for-purpose scanner that can be deployed to truly improve the lives of people by helping to diagnose and treat the most prevalent diseases. Addressing the need of the hour, it is built on the latest DryCool technology and is virtually helium-free scanner with an ultra-compact footprint that is far easier to install.

The company recently celebrated laying the foundation stone for the new campus in Bangalore that integrates R&D, manufacturing, innovation hub, and India headquarters making India a core center of competence for the design and development of entry-level products.

Read also: Siemens Healthineers, GE Healthcare eye Medtronic units

Siemens HealthineersSiemens Healthineers newsMagnetic Resonance Imaging machinesProduction Linked Incentive schemeDepartment of PharmaMRI machines
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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