GE Healthcare, a subsidiary of General Electronics will invest $200 million in India in healthcare infrastructure. The amount will be utilized in India to tap the rural market for diagnostics and disease monitoring equipments. Under the scheme investment would be on tools and machineries such as ultrasound, CT scanners, magnetic resonance imaging (MRI) and X-rays.

 

Commenting on the new venture, GE Healthcare South Asia president V Raja said that as per the agreement GE Healthcare would try and usher in radiological technologies and experts to provide services to patients. He opined that the rural market for diagnosis still remains largely untouched; his firm's idea is to develop the ways to reach the masses and make it affordable.

 

Mr Raja viewed that GE Healthcare has earmarked an investment of around $60 million for equipments under this program. He informed that in Gujarat, the company has already installed devices in five medical colleges. Other than Gujarat, GE Healthcare has signed agreements with Madhya Pradesh government to outsource radiology equipments in government hospitals.