New Delhi: Wipro GE Healthcare, a joint
venture between Wipro and global conglomerate GE's healthcare
business, on Friday announced that all the stand-alone units and
plants of GE Healthcare in India would be integrated into a
single entity.
The integration would simplify the structure through
consolidation of GE Healthcare's life sciences and medical
diagnostics business units and X-Ray manufacturing plants, the
two companies said.
As per the consolidation plan, several existing stand-
alone business units and manufacturing plants of GE Healthcare
in India would be integrated under the Wipro GE Healthcare
entity.
The companies said that the strategic move would help in
effective management, resource mobilisation and accelerating
the growth for GE Healthcare, the USD 17 billion healthcare
business of General Electric Company (GE), through Wipro GE
Healthcare's large distribution network.
Currently, Wipro GE Healthcare distributes about 85 per
cent of GE Healthcare's products and solutions in India.
The GE Healthcare business units to be integrated into
the existing joint venture with Wipro include GE Healthcare
Life Sciences, GE Healthcare Medical Diagnostics and GE
Medical Systems India.
Bureau Report
First Published: Friday, October 02, 2009, 12:21