WIT - Wipro GE Healthcare Sets Sight on India's Healthcare Growth with $960M Investment | Benzinga
Wipro GE Healthcare, a joint venture between India’s Wipro Limited (NYSE:WIT) and GE Healthcare Technologies Inc (NASDAQ:GEHC), announced plans to invest ?80 billion ($960 million) in its manufacturing and research and development facilities in India over the next five years.
The Bengaluru-based medical technology company aims to bolster local manufacturing in alignment with the Indian government’s “Make in India” initiative.
The investment will primarily focus on enhancing the production capacity of Wipro GE Healthcare’s positron emission tomography ...