Brandon Medical is an producer of operation theater lights. As per the joint venture deal, Brandon will use Trivitron's Medical Technology park in Southern metropolis of Chennai to manufacture shadowless lights for use in operation theaters.
Mr GSK Velu, the managing director of Trivitron Medical said his company would own 51 percent stake in the joint venture with the rest being held by Brandon. The JV will launch cold and shadow halogen light and later will launch LED based lighting system.
With an investment of $2 million, the manufacturing facility will make 90 percent halogen lights and the 10 percent LED lights.
No comments:
Post a Comment