IMQ Group enters India with Elettra Tech Labs, eyes medical devices sector

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IMQ Group enters India with Elettra Tech Labs, eyes medical devices sector - Business Standard

Quick Summary:

IMQ India will initially prioritise the dynamic medical device sector.

To be created at a cost of Rs 29.67 crore, with a 60:40 share from the Centre and State Governments, the lab will ensure safety and efficiency of medical devices and products, and generate jobs for analysts.

The joint venture will focus on testing and inspection services for electrical and electronic product conformity, with a special emphasis on medical devices.