Orthopaedic solutions provider Sushrut Adler Group said recently that it will open a new facility at Pune by this fiscal-end, which will help it expand its manufacturing capacity.
The group, which has a strong fracture management (traumatology) portfolio and a presence in the spine and reconstructive orthopaedics areas, plans to expand its products slate to cater to ageing-related bone diseases.
"We are going to move into ageing-related diseases like Osteoarthritis (OA), for these we need to make implants with longevity and the new facility in Pune will be for producing new products," said Ajay Pitre, managing director, Sushrut Adler group.
He, however, did not share investment details on the new plant. When asked about expected revenue of the firm on the back of the new initiatives, he said: "In the next three years, we are looking to triple revenues from the present Rs 40 crore."
Currently, the company has a plant at Ratnagiri, in Maharashtra. The group, which started its operations in 1973, now has a network of over 140 distributors in India and a presence in 28 countries.
