Philips a global leader in health technology today unveiled the conclusion of 7,200 sqm expansion in its factory in Chakan, Maharashtra. The state-of-the-art factory now houses a total floor space of 11,700 sqm.
Following the expansion, the Chakan facility will carry out manufacturing, servicing, and repair of MR coils with significant global capacity, and is already providing a large volume of coils at the highest levels of global quality standards.
In addition to the factory expansion, Philips also announces the acquisition of 10 acres of land to build a new R&D center to expand Innovation capabilities in Pune to invest further in India. The current Pune R&D center supports global businesses for multiple product lines, including Image-Guided Therapy, Precision Diagnosis and Connected Care.
As the Indian economy bounces back, Philips India continues to fulfil its purpose to improve people’s health and well-being through meaningful innovation and supplying the right solutions and products for Tier I, Tier II, and Tier III markets. To aid this growth, Philips has hired over 3000 employees in India in 2021 during the Covid Second Wave. The firm has already presented 1,400+ job offers during the first quarter of 2022 and will continue recruiting talent this year.
“The expansion of our Chakan facility is in line with our commitment to manufacture world class health care equipment in India.