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    SMT to set up Rs 250-crore stent unit in Telangana

    Medical Dialogues BureauWritten by Medical Dialogues Bureau Published On 2018-10-05T09:40:25+05:30  |  Updated On 16 Aug 2021 5:00 PM IST

    Telangana: Sahajanand Medical Technologies Pvt Ltd (SMT), a manufacturer of coronary stents, has proposed to set up an Rs 250-crore unit at Sultanpur to make minimally invasive life-saving medical devices in Telangana.


    The proposed unit is expected to generate 2,200 direct and 500 indirect employment opportunities in the state, an official press release said.


    The facility would have a manufacturing capacity of more than 1.25 million stents per annum, the press release said.


    Managing director of SMT Bhargav Kotadia met state IT and Industries Minister KT Rama Rao here.


    ''We are delighted to have a company that manufactures technologically sophisticated implantable products such as stents at global standards, '' the release quoted the minister as saying.


    ''This further reinforces Telangana's position as a preferred destination for innovator and technology companies, the Minister said.


    Read Also: NPPA invites representation and suggestion on Coronary Stents

    Bhargav KotadiaCoronary Stentsimplantable productsKT Rama Raolife savingmedical deviceRs 250 croreSahajanand Medical TechnologiesSMTstent ManufacturerSultanpurTelangana
    Source : PTI

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    Medical Dialogues Bureau
    Medical Dialogues Bureau

      Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers.  Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in. Check out more about our bureau/team here

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