In an interview to CNBC-TV18, Himanshu Baid, MD of Poly Medicure said that they are investing in new plant in Haryana in the field of nephrology.
In FY18, the new Haryana plant will report its first full year of production, which will be to the tune of Rs 50-60 crore, said Himanshu Baid, MD, Poly Medicure.
This comes as a major positive for Indian companies as India currently imports over 70 percent of medical devices.