GE India to buy local Dx companies as part of expansion plans
This article was originally published in Clinica
General Electric (GE) is planning to make diagnostic manufacturing and other healthcare acquisitions in India. “We are looking across the board for opportunities. Core infrastructure is definitely an area where we are evaluating options, while healthcare and media space are other possible areas,” Mr Tejpreet Chopra, president and CEO of GE (India) told The Hindu Business Line. GE Healthcare, which leads the Indian medical imaging market along with Philips Medical Systems and Siemens, has also launched in Madhya Pradesh the first of a new public-private-partnership model of business, which it hopes to extend across other states. The model provides for GE Healthcare to team up with state governments and local medical institutions to establish advanced diagnostic centres. The aim of the model, established late in 2007, is to “provide quality healthcare services at affordable costs”, Mr Tejpreet was quoted as saying.