Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
Planning 2015-05-07

Taiwan-based Apex Medical enters into Indian market; plans to invest Rs100 crore

Taiwan-based Apex Medical Corporation, which mainly manufacture respiratory therapy and supports surface products, has announced its foray into India with plans to invest about Rs100 crore initially.

Taiwan-based Apex Medical enters into Indian market; plans to invest Rs100 crore

Taiwan-based Apex Medical Corporation has announced its foray into the Indian market, with big plans to invest about Rs 100 crore.

The company, which is mainly into manufacturing of respiratory therapy and supports surface products, will initially import its products and sell them in the country through local dealers, hospitals and tenders to the government.

Significantly, Daniel Lee, CEO, Apex Medical Corporation told mediapersons, "The Indian healthcare market is growing at 12-15 per cent, we expect Apex in India to grow at least by 5 times in the next five years.”

The three product verticals that company will focus are respiratory, support surface and autoclaves.

"We intend to offer best quality products at best and most affordable prices to medical personnel, care givers and consumers in the sub continent," informed Lee.

Commenting on the future plans to manufacture the products in India, Lee said, "In the initial phase, we will only be marketing the products in India."

Meanwhile, Puneet Sahai, President, Apex Medical India said, "The Company will adopt three routes to sell products in India, through local dealers, through hospitals and through tenders to government.”

Established in 1990, Apex Medical Corporation has created over 100 product trademarks and patents worldwide. Currently, the company markets its products in 60 countries across the globe.
 

Comment
image
image
image
image
Related opportunities
  • Theme Restaurants
    About Us: The Ambey group offers the franchise for a garden..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us:  At LongLive Pizza, our aim is to make a..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Start your own Big Mart World franchise business and be..
    Locations looking for expansion Haryana
    Establishment year 2007
    Franchising Launch Date 2013
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon Haryana
  • Others Food Service
    About Us: With renowned success of Above & Beyond and Patch..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts