The Hindu Business Line : Chinese company keen to launch testing equipment in India

Industry & Economy - Medical & Surgical Equipments
Corporate - Alliances & Joint Ventures
Chinese company keen to launch testing equipment in India

M. Somasekhar

Hyderabad, Nov. 9 A Chinese company is keen to enter the Indian analytical testing devices market, which has been dominated by the US, Japan, UK & Germany in terms of imports.

The $6 million turnover, small and medium enterprise KCHG (Beijing Kechuang Haiguang Instruments Co) has held discussions with more than half a dozen Indian companies to get an entry into the Indian market, estimated to be around $843 million in 2006.

“We are open to joint venture as well as forging distributorship or even provide technical expertise to support the assembling of analytical equipment in India,” said Ms Yi Kong, an executive of the company.

KCHG, located in the Science Park of Zhong guan cun Electronic Zone in Beijing, is the largest manufacturer of the multi-channel Atomic Fluorescence Spectrometer, a versatile analytical tool.

It has sold over 5000 units and exported to US, Canada, Iran, Uganda, Korea and Hong Kong.

With 30 years of experience in developing and manufacturing analytical instruments, the company is keen to explore the opportunities in the growing Indian market, She told Business Line here.

The company, one of the first Chinese firms in the instruments sector to come to India and participate in Analytica anacon India meet organised in Hyderabad recently by the Indian Analytical Instruments Association (IAIA) and the Munich Trade Fairs Co held talks with potential Indian participants at the exhibition and also met a few in New Delhi.

KCHG is into manufacturing analytical equipment in the areas of food and water, medical, environment, cosmetics and geological a present to set up detection standards and meet industry regulations.

The Indian market for analytical instruments is expected to grow by 10-20 per cent given the high growth rates being achieved in the user industry like the pharma, biotech and chemical industries, said industry experts from the IAIA.