Poly Medicure Limited, one of the leading manufacturers of medical devices and disposables in India, is foraying into healthcare markets of Telangana with its state of art medical technology products in respiratory, renal and blood banking segments. The company with an annual turnover of Rs. 394 crore is aiming to capture both domestic and international markets. As part of this, it has introduced state-of-the-art technology and quality products under its brand name Polymed in Telangana.

According to Hemant Bhalla, vice president, sales & marketing, Polymed, with large number of super specialty hospitals and huge healthcare market potential in Hyderabad and surrounding districts, Telangana has huge market potential for high quality medical equipment devices.“The renal, respiratory and blood banking markets are rapidly growing in India. The market has grown robustly in past few years to become the potential investment field for players. For Polymed it will be a new venture and we are high on hopes of making it a success in Telangana and Andhra market soon,” said Hemant Bhalla, vice president, sales & marketing, Polymed.

As part of this, the company is planning to strengthen its sales force and is looking to add 100 more members to its sales team and wants to increase the dealer network by another 50 per cent so as to increase the hospital coveraget across Telangana and Andhra Pradesh.

Starting with Telangana, Polymed plans to introduce advanced range of respiratory care products, renal care products including machines, blood banking including equipments machine and DEHP & PVC free products to the portfolio to provide better patient care in all major cities of Telangana & Andhra region.

Poly Medicure Ltd is one of the leading medical devices manufacturer and exporter in India with dominant position in medical devices market with focus on innovation, safety and quality and have a vision to provide highest quality of healthcare available to all. Polymed has 6 manufacturing facilities - 4 in India (2 facilities in Faridabad and 1 in Jaipur and 1 in Haridwar), 2 facilities overseas (One facility in China – wholly owned subsidiary and 1 Joint Venture in Egypt).
 
The company has over 400,000 square feet manufacturing area with more than 100,000 square feet clean room area and state of the art facilities with capacity to expand rapidly. The company is proposing to invest Rs. 60 crore in a new green field project at IMT Faridabad in Haryana andis geared up to launch a slew of products in 3rd quarter of 2017 with all statutory approvals.