Category — Electronic

GE to distribute Indian Startup’s Breast Cancer Device

Recognizing that women in 90% of the developing world don’t have access to early detection of breast cancer, Mumbai-based startup UE Lifesciences developed iBreastExam (iBE), a handheld, mobile connected, and completely wireless device which can detect tumor tissues as small as 1/8  of an inch (3-5 mm) while emitting no harmful radiation. The patented tactile  technology using a piezoelectric sensor array was invented by scientists and doctors at Drexel University in Philadelphia. The device is US FDA cleared and CE marked.

With $1.3 million in grant funding from the Pennsylvania Department of Health, University City Science Center, Drexel’s Coulter Program and Unitus Seed Fund, iBE was developed by a team of  twenty scientists, engineers, and clinicians.

UE LifeSciences  announced a distribution partnership with GE Healthcare to commercialize iBE in  twenty-five countries across South-Asia, South-East Asia and Africa. Commenting on the partnership, Terri Bresenham, president and CEO, GE Healthcare Sustainable Healthcare Solutions said, “We are delighted to welcome UE Lifesciences as partner in our efforts to improving healthcare outcomes for the world’s developing economies.”

UE Lifescience Partners with GE Healthcare

February 18, 2018   No Comments

Roche Diagnostics Expands to India’s Smaller Cities

Roche Diagnostics is aiming at 15 percent share of India’s in-vitro diagnostics market in the next two years  said Shravan Subramanyam, managing director for Roche Diagnostics for  India & Neighboring Markets.

“We are also seeing consolidation of our customers, that is labs, and we would like to access tier II and tier III cities and rural markets through them and get a larger piece of the diagnostics market,” Subramanyam added.

Roche Diagnostic Devices

Currently the company sells devices and equipment to labs and hospitals and is mainly in the business-to-business space. For the next five years, the company will focus on women’s health, non communicable diseases:  diabetes, cardio vascular diseases, cancer and wellness segments. “But as India still has a very high burden of infectious diseases, we will continue to be in the space of infectious diseases,” Subramanyam affirmed. 

February 16, 2018   No Comments

Panasonic Aims to Make India an Exporting Hub

Japanese electronics major Panasonic is strengthening its manufacturing footprint in India. End January, its subsidiary Panasonic India inaugurated its first refrigerator-making factory in the country. Set up at an investment of $20 million,  with an annual production capacity of 500,000 units, the facility is located in India’s northern state of Haryana where the company is already making washing machines and air-conditioners.

Tetsuro Homma, CEO of Appliance Company and senior managing executive officer, Panasonic Corporation, said, “India is the fastest growing market for us. The company has a very clear strategic intent to enhance its appliance portfolio for which India has been identified as a developmental hub. We believe India has the potential to become our offshore delivery center for R&D and exports. We believe it can serve as a regional hub for markets such as West Asia and Africa.”

Panasonic Inaugurates India Innovation Center

February 5, 2018   No Comments

Amazon India Scales Up Grocery Delivery Operations

Amazon India has started hyperlocal grocery deliveries, including fresh vegetables and fruits from its own stores, in the cities of Bangalore, Delhi-NCR region, Mumbai, and Hyderabad. Two years ago Amazon used to deliver groceries including fresh produce from third party stores such as Hypercity and BigBazaar in under two hours, where it handled the delivery part.

Called ‘Nowstore’, these new stores supply everything from fresh fruits and vegetables to packaged foods, household supplies, baby products, and even appliances and electronics; but they are not open to customer walk-ins, and are known as ‘dark stores’ in industry jargon.

Amazon Logo

January 29, 2018   No Comments

Arrow Electronics to Acquire India-Based eInfochips

Centennial CO-headquartered Arrow Electronics entered into a definitive agreement to acquire product engineering and software R&D services company eInfochips Ltd, headquartered both in Ahmedabad, India and San Jose, California. After the acquisition, which is likely to close this month, eInfochips will act as a fully-owned subsidiary of Arrow Electronics.

Pratul Shroff, founder and CEO of eInfochips said, “This [acquisition] brings a $23.8 billion revenue Fortune 118 corporation to Ahmedabad, Gujarat – which is a matter of immense pride to all of us at eInfochips.” He added that the deal will allow the company to leverage synergies between its engineering capabilities and digital offerings with Arrow’s electronics and enterprise products and solutions, and digital operations, including in IoT.

Computer Chip

“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market. This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services,” said Michael J. Long, chairman and chief executive officer at Arrow.

January 9, 2018   No Comments