Vermeiren India Rehab, a wholly owned subsidiary of the Belgium-based Vermeiren Group N V, laid the foundation stone yesterday for its production unit for rehabilitation equipment at Sri City.
The manufacturing facility will produce rehabilitation equipment, such as wheelchairs, walker aids, patient beds and more. It will be built in phases on a nine acre plot. An amount of Rs 100 crore will be invested in Phase-I, where 200 people will be employed.
Vermeiren Group identified Sri City for its plant as it offers good infrastructure along with its proximity to international air, sea ports and availability of skilled hands and a large extent of developed land. This will definitely facilitate exports.
Vermeiren established its production plant in Belgium in 1957, and subsequently set up production units in Poland and China.
More Project Info:
Manual Wheel Chairs (Mallavaripalem) Project