Zimmer India grows at 26 percent annually

The India subsidiary of the world’s largest orthopedic company is growing rapidly based on the recent launch of knee replacement products. Quoted in the BusinessLine newspaper,  Dr. Ashok Rajgopal, Chairman, Medanta Bone & Joint Institute and past president of the Indian Society of Hip and Knee Surgeons, explained a total of 100,000 knee replacement were carried out last year in India. It is expected that the number will grow by  at least 18 percent this year.

Zimme India which recently introduced Persona — its new knew replacement system — said the market for knee replacement in India is exploding. “India is a key growth market. We are growing at CAGR of 26 per cent. We expect that by the end of this calendar year we should be around Rs. 200 crore in terms of revenue and by March 2015, we expect revenues to be Rs. 250 crore,” Sanjay Banerjee, Regional Managing Director, South Asia, Zimmer.

Knee replacement Persona

 

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April 30, 2014   No Comments

Cherokee Inc. Enters into a License Agreement in India

Cherokee Inc., the apparel and accessories brand-licensing company signed a deal to have its Liz Lange Maternity Brand sold online and at retail stores in India.

The California company reached an agreement with Mahindra Group of Mumbai to have the maternity brand sold at Mahindra’s Mom & Me retail stores and web sites. Mom & Me features baby apparel, baby care products and apparel for children.

“This is an important step towards our globalization of the Liz Lange brand as we continue to pursue additional partnerships around the world,” said Cherokee Chief Executive Henry Stupp in a statement.

Cherokee’s portfolio includes Cherokee, Liz Lange, Sideout and Carole Little. The company has licensing agreements in 40 countries.

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April 30, 2014   No Comments

Lush to enter India with Delhi Store

The beauty brand Lush, which runs 900 stores globally, wants to open a store in Delhi by the end of 2014. “Our investment will initially be limited to setting up and running a single shop in Delhi…. If the market responds well, we plan to develop this into a much larger  investment as we expand our presence through brick and mortar stores and, if the government allows it, online” said Rose Byfleet, Lush India project manager.

Foreign retailers and brands have entered the Indian market under single brand retailing in a big way in the last couple of years. The government has cleared single-brand retail proposals worth nearly $2 billion in the past year. Since 2006, the government has cleared 60-70 proposals of single-brand retail after the segment was opened to foreign investors.

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April 1, 2014   No Comments

Indian States’ Population in Context

India, a fast growing country, is the world’s second most populated country with over 1.2 billion people. This article shows a map of India’s states with the names of countries with a similar population count to the state. Surprisingly, many of the world’s largest countries’ populations are similar to one state in India. Brazil, for example, is the fifth most populated country in the world and it is equal to Uttar Pradesh. (Note the map of India as shown, does not conform to the borders as defined by the Indian government).

 

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July 31, 2013   No Comments

Philips Unveils Hospital on Wheels

According to the article, Philips India has showcased its ‘hospital on wheels’ which hosts facilities from an ambulance to ICU.

This ‘hospital on wheels’ is part of an intensive awareness campaign called IntelliSafari where Philips will target smaller hospitals, nursing homes, and clinics in Tier 2 and Tier 3 cities in India covering 300 clinicians over the next month, familiarizing them with state-of-the-art healthcare technology, available at a low cost.

With IntelliSafari, Philips is trying to demonstrate that advanced technology does not always mean expensive technology. The goal of the program is to bring new life saving technology closer to the masses at an affordable price.

A healthcare provider’s responsibility is to provide early and accurate diagnosis along with the best possible treatment, but the price to attain such treatment is often a stumbling block for many small hospitals. Now, with the help of Philips, smaller hospitals can focus on providing patients with the best possible care.

The van is set to travel across key cities in Kerala, before moving on to Karnataka and other parts of India, covering 80 cities in four weeks.

 

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July 31, 2013   No Comments