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    HomeNewsBusinessCompaniesMDI Labs India plans to achieve Rs 350cr turnover by 2015

    MDI Labs India plans to achieve Rs 350cr turnover by 2015

    German clinical laboratory Medizinisch Diagnostiche Institute (MDI) said it plans to invest Rs 150 crore and hopes to achieve a turnover of Rs 350 crore in 2015 in its Indian subsidiary MDI Laboratories."We have drawn up a Rs 150 crore expansion plan over the next three years period," MDI Laboratories India director Devendu Mehta said.

    September 16, 2012 / 16:47 IST

    German clinical laboratory Medizinisch Diagnostiche Institute (MDI) said it plans to invest Rs 150 crore and hopes to achieve a turnover of Rs 350 crore in 2015 in its Indian subsidiary MDI Laboratories."We have drawn up a Rs 150-crore expansion plan over the next three years period," MDI Laboratories India director Devendu Mehta said.


    "We plan to install world-class machines and Web-based software in 25 hospital-labs across the country and set up over 2,000 collection centres and a logistics network to transport samples and expand the network in Maharashtra, Gujarat and Bangalore," he said. India's pathological laboratory sector is estimated at USD 4.8 billion by 2015.

    first published: Sep 16, 2012 03:17 pm

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