Nipro sets up India's first dialyser manufacturing facility

Image
BS Reporter Mumbai/ Pune
Last Updated : Jan 24 2013 | 2:10 AM IST

Nipro Corporation, a Japan based maker of  life saving medical devices, consumables, pharmaceutical glass products has seta up a facility at Shirwal near Pune which will manufacture the first made-in-India artificial kidney (dialyser).

The company has made investment of Rs 700 crore for this facility and it has been given mega project status by the State Government.

Also, the project has been accorded approval by the Atomic Energy Regulatory Board of the Bhaba Atomic Research Centre to introduce in-house Gamma technology for sterilising devices for the first time in the country.

Nipro has been operating in India since 1995, and notches an annual turnover of Rs 500 crore.

Commenting on this development, Milind Pappu, managing director, Nipro India Corporation said, "NIPRO India Corporation expects to achieve Rs 350 crore turnover in 2013.

The Pune Factory currently provides employment opportunity to 800 people and expects to double it by end of 2013. Nipro India’s Facility for manufacturing Artificial kidneys from synthetic fibers is the country’s most ambitious project in the Medical Device Industry.

The growing importance of Indian Healthcare market gives this country a central position in Nipro Corporation’s global strategy. We entered the Indian Market in 1995 and started our trading activity in the country."

According to Pappu, Nipro products will bring down the cost of dialysis and increase the reach. Currently, In India, only 10 per cent of patients can afford dialysis treatment. Initially, it will make six million dialysers per annum, which can be ramped-up and it plans to export 90 per cent of its production in the beginning.

This was accomplished with active support and cooperation from over 50 specialized engineers from Atomic Energy Regulatory Board (AERB) who commissioned the facility. With an initial capacity to make six million dialysers per annum, which can be ramped-up, Nipro plans to export 90 per cent of its production in the beginning.

In addition to the Shirwal facility, it has a factory in Tripura to make glass vials and ampules and plants in Meerut, Badlapur, Chiplun and Tarapur to make pharma glass tubing. Another plant is being set up in Khopoli.

This factory would manufacture the highest quality of artificial kidney (dialyzers), disposable syringes & needles, cannulas, IVC (Intravenous Catheters), AVF (arterial venous fistulas) and BTS (blood tubing sets).

Nipro Corporation has  manufacturing facilities in Japan, Thailand, China, Brazil, USA, Indonesia, Bangladesh and India.

The new facility is a testament to Nipro Corporation’s strategy to expand its worldwide presence in the major economies.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2012 | 12:27 AM IST

Next Story