Medical technologies and services provider GE Healthcare on Friday said it will hire 400 people in India by December.

Almost half of the workforce will go to the company’s research and development centre in Bangalore. The company employs 4,000 people in India right now, of which 1,200 are working in the R&D segment.

“A lot of innovations are happening around our R&D centre for India-specific products and services, and we are constantly hiring for such needs,” Ms Terri Bresenham, President and Chief Executive Officer, GE Healthcare, South Asia, told reporters here.

She said the company’s India revenues grew by 25 per cent last year and it expected a similar growth this calendar year, too.

Revenue contribution

She said around a quarter of its total revenue comes from the Indian manufacturing facility, while the rest comes from import of equipment.

On the impact of rupee depreciation, Ms Bresenham said, “Overall, the market and investor community are still optimistic about the future of healthcare. Short-term challenges can affect but are not detrimental.” On Friday, the company along with Fortis Healthcare launched an electronic intensive care unit (eICU) facility called CritiNext for critically ill patients in small towns.

Fortis Healthcare would initially provide eICUs in two hospitals based in Raipur and Dehradun with 34 beds. The company, in partnership with GE Healthcare, plans to ramp up to 500 beds in 20 hospitals by 2014 across the country.

“In a couple of years, we believe that this will be the accepted standard of care for patients in India,” Mr Aditya Vij, Chief Executive Officer, Fortis Healthcare said.

He said CritiNext would address the shortage of critical care staff in remote areas and enable physicians to manage ICUs more efficiently. Remote ICU monitoring technology combined with experts can help reduce medical errors and infection within ICUs, leading to reduction in patient mortality by 60 per cent, he added.

(This article was published on July 6, 2012)
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