GE Healthcare, part of the General Electric Company, today signed a memorandum of understanding with Tamil Nadu Government for the upgradation of a Primary Health Centre in Vellore District.

GE Healthcare (South Asia) Managing Director V Raja exchanged documents with Vellore District Deputy Director of Health Services S Rajendran in the presence of state Health Minister M R K Panneerselvam and Principal Health Secretary V K Subburaj.

Also Read   Related Stories News Now - No big slowdown in healthcare demand in India: G E Healthcare - GE Healthcare innovates in India for bottom of the pyramid - GE Healthcare innovates in India for bottom of the pyramid - GE Healthcare eyes acquisitions in India - Global swine flu death toll now over 700: WHO - Ranbaxy gets nod to sell Ran-Simvastatin tablets in Canada

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

He said Rs 498 crore had been spent by the government in the last three years for upgradation of PHCs and district hospitals.

The MoU with the state government was for a period of two years, he later told PTI. To a question, he said the company had no plans to sign similar MoUs with any other state.

GE would create medical technology infrastructure for the Banavaram PHC and train the employees, he added.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : GE Healthcare | General Electric Company | MoU | health sector   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -   -  "Discover The Power of One" -  Help a Child Achieve her. Click to know more -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here