Be it plastic, satellites, healthcare or agricultural products, “Come, make in India,” said India’s Prime Minister, Narendra Modi in a bid to improve India’s economy. However, for many companies, making in India is a distant dream for a number of reasons. GE is one company that has already been making in India for over two decades, manufacturing advanced healthcare technology solutions in India since 1991. For GE, making in India means improving quality, affordable care to help 1.2 billion Indians be as healthy as they can be. And with healthier people comes a healthier nation, in every aspect.
India imports over 75% of its medical technologies and devices today making accessibility and affordability a challenge. Many healthcare providers are forced to opt for low quality, used and sometimes obsolete technologies that leads to poor quality diagnosis and costly downtimes. For example, CT is one of the most valuable diagnostic tools in emergency rooms as well as in the diagnosis of several health conditions like Stroke, Trauma etc. with its rapid imaging capability for quick diagnosis. India has one of the highest prevalence of diseases like Stroke with 1.6 Mn new cases every year leading to 0.63 Mn deaths. India also accounts for largest accidents and trauma conditions with 1 accident per minute and 1 death every 3.7 minutes. One third of accident victims can be saved with speedy hospitalization and trauma care. However, in India, we have limited penetration of this important technology – 3 CT systems per million populations compared to 20 CT systems per million population in developed markets. An ACT can be the change.
Speaking at the announcement today, President and CEO of GE Healthcare John Flannery said, “Make in India means much more than local manufacturing for us at GE Healthcare. It is a 360 degree thrust starting with designing and developing relevant solutions in partnership with our users; robust engineering of technologies; developing a world class supply chain, advanced manufacturing, expert user training and developing a network for distribution as well as maintenance of these solutions in the remotest parts of the country and world. It represents a commitment to work towards making quality healthcare truly accessible and affordable for India as well as the world.”
Today, in Bangalore, India, GE Healthcare are reaffirming their commitment to Indian healthcare by announcing that India will design, develop and manufacture the first ever designed in India CT – RevolutionTM ACTs (Advanced Computed Tomography system). GE has gone ahead a step further by involving Indian healthcare providers in designing the product that matches their unique challenges. Co-creating relevant technologies in India for India can lead to increased affordability and adoption to deliver quality healthcare everywhere. India can emerge as an innovation hub for disruptive technologies and quality manufacturing. Revolution ACTs is 40% more affordable compared to previous generation imported CTs in its segment.
Also speaking in Bangalore, Terri Bresenham, President and CEO of GE Healthcare South Asia said, “We are proud that our first ever locally designed CT technology – Revolution ACTs is developed by the people of India, for the people of India. It is a testament to India’s intellectual, design and advanced manufacturing capabilities.”
With their continued investment in India that has so far spanned over twenty years, GE Healthcare are helping to address the imbalance in healthcare accessibility, quality and resources that is felt across the country. A new national network, called GenWorks Health Pvt Ltd will endeavor to raise the quality of healthcare for all of India.
“All initiatives to develop relevant technologies would be meaningless if they are not accessible to all and hence we also invested and built a national network. GenWorks Health Pvt Ltd will help us take these technologies to the grass root level and provide world-class training and support for doctors to ensure technology can benefit patient outcomes. Healthier India cannot be built in isolation and hence GE Healthcare is looking at an all-inclusive approach to achieve this. With GenWorks, we are stepping up our efforts to elevate the standard of healthcare services in tier II/III cities and towns through this new venture,” added Terri Bresenham.
GE has also announced a Skill India program on March 31, 2015 to train 100,000 existing and new healthcare professionals. These allied health professionals can make a major differentiating factor in the way healthcare is delivered in these smaller towns with their ability to effectively use healthcare technologies.
We hope our one ACT can be the change for a healthier India and a healthier world.