Chakan facility reflects commitment to manufacture world class healthcare equipment in India, says Mazon
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will further invest in India in addition to expanding its factory at Chakan, Maharashtra, for supporting the MR Radio Frequency Coil, Mobile Surgery Systems, and Ultrasound assembly businesses among other activities.
Philips also announced the acquisition of 10 acres of land to build a new R&D center to expand Innovation capabilities in Pune, where the current R&D center supports global businesses for multiple product lines, including Image-Guided Therapy, Precision Diagnosis and Connected Care.
From Pune, Philips exports mobile surgery equipment to over 100 countries and RF Coils to multiple global Philips assembly plants. Philips also manufactures Ultrasound products for the Indian market from Pune, including the advanced Affiniti Ultrasound.
Headquartered in the Netherlands, the company has already presented 1,400+ job offers during the first quarter of 2022 and will continue recruiting talent this year.
The Chakan state-of-the-art factory, a total floor space of 11,700 sqm, will carry out manufacturing, servicing and repair of MR coils with significant global capacity. It is already providing a large volume of coils at the highest levels of global quality standards.
“We at Philips aim to boost growth in the healthcare sector with strong collaboration between public and private entities while catering to the need for critical care equipment. We remain aligned with the government’s vision for Make in India,” said Daniel Mazon, Vice-Chairman and Managing Director, Philips Indian Subcontinent.
“The expansion of our Chakan facility is in line with our commitment to manufacture world class health care equipment in India. The new facility will provide us with India based manufacturing assets to better respond to demands from both local and global geographies,” Mazon said on 12 May 2022.
“The expansion of our Manufacturing and Innovation center reflects the rapid growth in our ability to deliver multiple products and systems from Pune to India and globally,” added Peeyush Kaushik, Head of Healthcare Innovation Center, Philips, Pune.
“We meet some of the most stringent global quality standards at our plant and with the rich technology talent available in India, we aim to boost our innovation and manufacturing capabilities further to meet global demands,” Kaushik said.
As the Indian economy bounces back, Philips India continues to fulfil its purpose to improve people’s health and well-being through meaningful innovation and supplying the right solutions and products for Tier I, Tier II, and Tier III markets. To aid this growth, Philips has hired over 3,000 employees in India in 2021 during the Covid Second Wave.
The expanded facility Chakan was inaugurated by Bert van Meurs, Chief Business Leader, Philips Image Guided Therapy, Arjen Radder, Business Leader, Philips Magnetic Resonance, Mazon and Kaushik. fiinews.com
