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Concept Medical Group Company, Envision
Scientific Pvt Ltd Bags 'Best Exporter 2021-22' Award By SurSEZ Under Ministry
Of Commerce And Industry
Concept Medical Group company, Envision Scientific Pvt Ltd
bags 'Best Exporter 2021-22' award by SurSEZ under Ministry of Commerce and
Industry
Surat (Gujarat) [India], May 7 (ANI/PNN): Surat-based
Envision Scientific Private Limited (ESPL), a Concept Medical group company has
been graced with the 'Best Exporter of the Year- 2021-22' award for being the
top exporter in the Medical Device industry by the Surat Special Economic Zone (SurSEZ)
under special initiatives of M.C.I. (Ministry of Commerce and Industry) on
Thursday, May 5, 2022.
The Best Exporter of the Year 2021-22 was presented to
Bhavdeep Doshi, Director of company at the awards ceremony organized under the
chairmanship of the Development Commissioner of SurSEZ, Virendra Singh (ITS),
and Asst. Commissioner CGST and Customs Specified Officer, SEZ, SACHIN, Ashok
Singh (IRS).
SurSEZ has become 2nd biggest contributor in the export from
SEZs in India. The export from SurSEZ increased significantly by 20 per cent to
Rs 22,035 crores in 2021-22 as compared to Rs 17,845 crores in the previous
year.
"SurSEZ is the second highest contributor in the overall
exports of India. India's overall exports increased from USD 292 Billion in
20-21 to a staggering USD 420 Billion in 21-22 which is a 44 per cent up and
highest ever till date. We want to thank the contributors like Envision
Scientific Pvt Ltd, and (https://www.conceptmedical.com) Concept Medical Group
for making this possible at the SurSEZ", said Virendra Singh, Development
Commissioner, SurSEZ during the ceremony.
ESPL, incorporated in 2008 is the sole manufacturing entity
of all the innovative products of the Concept Medical group. The group of
companies is a market leader in drug delivery technology in the medical device
industry and holds more than 100 patents for its products, (https://www.conceptmedical.com/technologies)
technology and apparatus combined. The company develops a variety of medical
devices used for intervention in Coronary Artery Disease (CAD) and Peripheral
Artery Diseases (PAD).
Concept Medical Group is among the 21 applicants approved by
the Central Government under the Production Linked Incentive (PLI) for the
successful commissioning of the project and the incremental sale of the medical
device manufactured in India.
Recently, Union Minister for Chemicals and Fertiliser,
Mansukh Mandaviya stated that the medical devices sector in the country has huge
potential for growth in domestic as well as in global markets and the companies
should take a significant step forward in strengthening the domestic supply
chain by participating in the PLI scheme.
"It is a great joy for us to get the Best Exporter 2021-22
award in the medical device category. The Government of India's PLI programme
will go a long way in reducing dependency on the import of raw material and
medical equipment as we already own proprietary technology to create world-class
products by combining Bare Metal Stent (BMS) project. Through this Green Field
Project, the PLI scheme will generate significant employment prospects by
generating Domestic Value Addition (DVA). This will be a big plus for our
numerous (https://www.conceptmedical.com/clinical-programs) clinical trials
ongoing and planned globally with the increase in production at our SurSEZ unit.
We are sure of doubling the export numbers with more production with
self-dependency under this project in times to come, supporting India to be
Global Market Leader in Medical devices and Pharmaceuticals Industry with
abundant availability and production, which is the Vision of our honourable PM
Modi too." quoted, Dr Manish Doshi (Founder and Managing Director - Concept
Medical group of companies).
According to Dr Manish, the in-house Stent Manufacturing
offers good cost arbitrage compared to the cost of imported Stents that demands
a higher stock holding period, and sometimes imposes lesser flexibility in the
product mix.
Concept Medical is a maverick in the field of drug delivery
technology and medical devices with its renowned (https://www.conceptmedical.com/product/abluminus-des)
Drug Eluting Stents and (https://www.conceptmedical.com/product/magic-touch)
Drug Coated Balloons, both highly acclaimed and acknowledged globally. The group
company is the fastest growing company, in its industry, and is a trend setter
in true sense. The company's (https://www.conceptmedical.com/ products) products
have set a name for themselves in the international market for the treatment of
coronary and peripheral artery disease, credits to its proprietary technology.
The SurSEZ unit of ESPL (Concept Medical), is the Asia's largest manufacturing
unit for Drug Eluting Stent and Drug Coated Balloon; a tremendous achievement in
itself.
https://www.business-standard.com/content/press-releasesani/concept-medical-group-company-envision-scientific-pvt-ltdbags-best-exporter-2021-22-award-by-sursez-under-ministryof-commerce-and-industry-122050700514_1.html
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