B Medical Systems inaugurates Indian facility in Gujarat based in Luxembourg
B Medical Systems – B Medical Systems, a Luxembourg-based provider of worldwide medical cold chain solutions, has opened its first Indian manufacturing facility in Mundra, Gujarat, with an investment of Rs 100 crore.
The new facility has a production capacity of 1,00,000 units of medical cold chain products per year, including vaccine refrigerators, freezers, and transport boxes, and can be swiftly scaled up based on demand, according to the company.
The Mundra factory is the company’s first manufacturing site outside of Europe, and it is projected to create hundreds of jobs in the Kutch region, according to a statement released on Wednesday.
Peggy Frantzen, Ambassador of the Grand Duchy of Luxembourg to India, officially opened the facility in the presence of Rakshit Shah, Executive Director of Adani Ports and SEZ, and others.
Xavier Bettel, Luxembourg’s Prime Minister, and Gujarat Chief Minister Bhupendra Patel, as well as the company’s CEO Luc Provost, participated in the ceremony via video conferencing.
B Medical Systems
Bettel said the facility was the result of his first virtual summit with Prime Minister Narendra Modi, with the corporation committing to establishing a Make in India manufacturing site for medical cold chain equipment within a year.
Gujarat was also praised for its “investment friendliness,” according to him. Parshottam Rupala, Union Minister of Fisheries, Animal Husbandry, and Dairy, virtually unveiled “the first Made in India multi-mode vaccine refrigerator/freezer and/or ice-pack freezer unit of B Medical Systems, According to the release, “will play a significant role in strengthening the National Animal Disease Control Program.”
Luc Provost, the company’s CEO, claimed the company has found its “second home in Mundra” and that its trip to India has been “flawless.” Jesal Doshi, CEO of B Medical Systems India Pvt Ltd, called it a “dream come true” and a “historic moment” for the company. The corporation stated that women will make up the majority of its workforce and announced the beginning of two CSR programmes to help the education of approximately 1,000 marginalized children.
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