Omron Healthcare India is drawing plans to expand footprint in India, which include setting up a manufacturing unit and expanding its retail footprint. Of all the locations for manufacturing, the company is contemplating suitability to set up a unit in Medical Devices Park in Sultanpur, Telangana.
The company is evaluating several options at this stage. It will either set up our unit in India, or look for contract manufacturing arrangement if a suitable manufacturing partner is found.
The company has three facilities globally including Japan, Vietnam and China.
The company markets in India a range of products that include digital blood pressure monitors, nebulisers, thermometers, nerve stimulators, among others.
It has expanded its retail reach in the form of an experience centre in Hyderabad, making it the third such centre in India. By end of 2021, the company expects to have 10 retail touch points in India.
It plans to set up a centre in Warangal as a part of its south India scale up, where it sees potential to contribute 40 percent of sales in FY22.