Japans medical equipment manufacturer to invest in Punjab

Japans medical equipment manufacturer to invest in Punjab

first_imgChandigarh: Japan’s leading medical equipment manufacturer Nemoto Kyorindo on Wednesday announced plans to set up its next facility in Punjab while indicating interest in the development of Rajpura as an industrial hub on the lines of Neemrana in Rajasthan. Chief Minister Amarinder Singh has extended his government’s full support to the company, which is among the world’s leading producers of surgical tables and contrast agent injectors and specialises in the field of medical image scanning. Also Read – National Herald case: Officer bearers of Congress were cheats, Subramanian Swamy tells court Advertise With Us With a share of over 90 per cent in the Japanese market, Nemoto was the first company to jointly develop the contrast injector crucial in the field of cerebral angiography. Briefing the Chief Minister on the proposed investment estimated to run into crores of rupees, the company’s Chief Executive Officer Kingo Shichinohe said Nemoto had earmarked several sites across Punjab for investment in a phased manner. Also Read – Dehydrated elephant being given treatment Advertise With Us Amarinder Singh said his government would facilitate all clearances through the single-window Invest Punjab facility to ensure fast-track implementation of the company’s projects. The Chief Minister said his government was committed to promoting industrial development in the state for which it had already taken various proactive initiatives, including providing power at Rs 5 per unit and attractive incentive policy for the industry. The state has all the requisite resources for industrial development, including a hard-working worker resource base and peaceful labour relations, he said, urging Nemoto to inspire other Japanese companies to also come and invest in Punjab.last_img read more