WIPRO-LD GE 2LST

On the timeline for completion of the integration, Wipro
GE Healthcare President and CEO V Raja said, "It will all
depend on courts' approval, in my own assessment it could take
anywhere between 6 months to a year, depending on how fast you
get the necessary approvals."

As part of the integration, about 1,200 employees from GE
various healthcare units would be moved into the JV firm,
which already has a headcount of 800.

Raja said going forward the JV would continue to add
about 200 people annually, which is its average hiring rate.

"There is a huge potential in the Indian medical devices
market which is worth about USD three billion and is growing
at 12-13 per cent annually. It will continue to grow at this
pace if not higher," he said.

The company expects product categories like cardiology
(ECG machines), infection treatment (CT and X-Ray) and
maternal and infant care (incubators, warmers) to grow faster.

"GE has been our valued partner since 1990. We hope to
bring world-class healthcare to South Asia by providing best-
in-class solutions," Wipro Chairman Azim Premji said.

Though the JV is focussed on Indian market, it also
exports products to GE Healthcare globally. PTI TR
RAI


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