Trivitron offering turnkey solutions to set up hospitals

CHENNAI: Medical devices manufacturer Trivitron has begun offering turnkey solutions to governments and private individuals looking to set up hospitals, starting right from feasibility studies to operating full-fledged healthcare centres in a diversification the company hopes will be a growth driver ahead of its going public in five years.

The two-decade-old Trivitron had started as a trading company in medical devices and moved onward to manufacture key hospital equipment. Having dealt in imaging equipment, digital operation theatres, and other sophisticated machinery for over a decade, Trivitron is in talks with govern ments in Africa to assist in setting up hospitals.

The company hopes at least one project in Africa gets signed for its new venture within this quarter. For Africa, an individual corporate entity -Trivitron Africa -would be set up.

Speaking to ET, GSK Velu, founder and managing director of Trivitron said, “This April, we are launching Trivitron Projects. This will begin at conception and reach till operating and maintaining the hospital. In Africa and West Asia, there is a huge demand for such services.“

The company is in talks with private equity companies to fund-raise for the African venture to the tune of $20 million (Rs 130 crore).