Romsons International: Pioneering Indian medical device manufacturing
Tired of too many ads?
Remove Ads
Catheters, surgical gloves, and anaesthesia products
Disposable syringes, IV cannulas, and infusion sets
Mother and baby care products such as breast pumps and baby wipes
Incontinence care products like adult diapers
Diagnostic and monitoring devices, including glucometers and blood pressure monitors
PPE kits and face masks
Tired of too many ads?
Remove Ads
(This article is generated and published by ET Spotlight team. You can get in touch with them on etspotlight@timesinternet.in)
Manipal Hospitals, Fortis, Max Healthcare, Medanta, Apollo Hospitals. When your clients are some of India's most prestigious medical institutions, it's a given that you are at the forefront of healthcare innovation.Romsons International has pioneered medical device manufacturing in India since 1952. Established as 'Romsons Scientific and Surgical Industries' by Ram Lal Khanna in Amritsar, the company began with laboratory and scientific equipment before expanding into disposable medical equipment, producing its first non-sterile Nelaton catheter in 1967. This marked the beginning of Romsons' journey into the medical device industry.In 1994, the company founded Romsons International in Agra, a wholly export-oriented unit. The following years saw significant milestones, including ISO 9002:1994 certification in 1999 and CE mark accreditation, enabling exports to European countries. In 2003, Romsons achieved ISO 9001:2000 certification, and by 2007, it had also obtained ISO 13485:2003 certification, underscoring its commitment to quality and regulatory compliance.Romsons International has a portfolio exceeding 200 products across:Romsons' major international markets are the United States, United Kingdom, Vietnam, Maldives, Oman, and Bangladesh. It also participates in prestigious international trade fairs such as FIME in Miami, MEDICA in Germany, and Arab Health in Dubai. All in all, its distributor network is over 1,500-strong in more than 80 countries, which is no small feat: in FY24, export sales accounted for around 96% of company revenue.Romsons has earned numerous accolades for excellence, including awards from FICCI, CII, the Chamber of Commerce in India, and special recognition from the Ministry of MSME, Government of India. It won the Top Exporter of the Year (Manufacturing) category at the ET MSME Awards 2024, standing out from a pool of over 15,000 entries at India's largest, most credible MSME awards.Recognition such as this exemplifies Romsons' leadership, and by extension, India's growing prowess in the global medical device industry. Through continuous innovation, adherence to stringent quality standards, and a robust global presence, Romsons has solidified its position as a trusted name in indigenous medical equipment manufacturing.For more winner vignettes of the ET MSME Awards , keep an eye on this space.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
2 hours ago
- Business Standard
India ranks 4th in income equality globally, says World Bank report
India has been ranked fourth in income equality globally with a score of 25.5 on the Gini Index after Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4), emerging as one of the world's most equal societies, especially remarkable for a country of India's size and diversity, according to a report by the World Bank. India's progress in achieving this balance is the result of sustained economic growth paired with targeted social policies focused on reducing poverty and expanding financial access, the report said. What is Gini index? The Gini Index measures the distribution of income, wealth, or consumption across a population. A score of 0 represents perfect equality, while 100 reflects absolute inequality — where one individual holds all the resources. A lower score signifies a more equitable society. With a Gini score of 25.5, India falls into the 'moderately low' inequality bracket (25–30) and is on the threshold of joining the 'low inequality' group. Comparison with other nations India's Gini Index not only places it ahead of China (35.7) and the United States (41.8), but also makes it more equal than every G7 and G20 country. The list of 'moderately low' inequality countries includes European nations like Iceland, Norway, Finland, and Belgium, as well as the UAE and Poland. In total, only 30 countries fall into this category globally. India's current score marks a notable improvement from 28.8 in 2011, indicating a steady trend toward more equitable distribution of resources over the past decade. Poverty reduction fuelling equality India's improved equality metrics are closely tied to a significant reduction in poverty. According to the World Bank's Spring 2025 Poverty and Equity Brief, 171 million Indians exited extreme poverty over the past 10 years. The share of people living on less than $2.15 per day — the previous global benchmark for extreme poverty — fell from 16.2 per cent in 2011-12 to just 2.3 per cent in 2022-23. Using the revised threshold of $3.00 per day, India's poverty rate is estimated at 5.3 per cent. This success has been supported by government initiatives designed to reach the most vulnerable sections of society. Key government schemes driving inclusion Several flagship schemes have contributed to improving financial access, welfare delivery, and entrepreneurship among marginalised groups: -PM Jan Dhan Yojana: Over 556.9 million bank accounts opened, expanding financial inclusion -Aadhaar: More than 1,420 million digital identities issued, streamlining benefits delivery -Direct Benefit Transfer (DBT): ₹3.48 trillion in cumulative savings, reducing leakages in welfare schemes -Ayushman Bharat: Health cover of ₹5 lakh per family, with over 413.4 million cards issued and 32,000 empanelled hospitals. The scheme includes a version for senior citizens aged over 70 years.
India.com
3 hours ago
- India.com
THIS company shows Shehbaz Sharif his place, takes a big step to collapse Pakistan's economy
THIS company shows Shehbaz Sharif his place, takes a big step to collapse Pakistan's economy Pakistan's reputation is continuously declining and seeing the environment in Pakistan, foreign companies have also started withdrawing from Pakistan. Recently, after 25 years, a foreign giant company has taken a step which Pakistan was not expecting at all. After this step, Pakistan is being embarrassed all over the world. In fact, the giant company has completely closed its office in Pakistan. Which is a very bad sign for Pakistan's economy. Let us also tell you which giant company has completely withdrawn its hands from Pakistan. Microsoft exits from Pakistan The world's leading tech company Microsoft announced the closure of its limited operations in Pakistan as part of its global strategy to reduce the workforce. On Friday, various parties called it a worrying sign for the country's economy. Microsoft cited global restructuring and a shift to a cloud-based, partner-led model while closing its office in Pakistan after 25 years. The move comes at a time when Microsoft has cut about 9,100 jobs (about four percent of the workforce) worldwide in its largest layoff round since 2023. Why did Microsoft exit? Former Microsoft Pakistan founder Jawad Rehman urged the government and the Information Technology (IT) minister to engage with tech giants with a bold KPI (key performance indicator) driven plan. He said the company's exit from the country reflects the current business environment. Rehman wrote on LinkedIn, a social media platform for professionals, that even global giants like Microsoft find it unbalanced to remain. Matter of concern for the economy Former Pakistan President Arif Alvi also expressed concern over Microsoft shutting down operations in a post on social media platform X. He wrote that this is a worrying sign for our economic future. Alvi claimed that Microsoft had once considered Pakistan for expansion, but due to that instability the company chose Vietnam by the end of 2022. He wrote that the opportunity was lost. Jawad explained that Microsoft does not operate a full commercial base in Pakistan, but instead relies on liaison offices focused on enterprise, education and government customers. In recent years, much of that work has already been delegated to local partners, while licenses and contracts are managed from its European center in Ireland.
Business Standard
3 hours ago
- Business Standard
India's Non-GMO Soy Sector Prepares for EUDR Compliance with Support from SOPA and TRST01
India PR Distribution New Delhi [India], July 5: India, one of the leading producers of Non-GMO soybeans, is taking significant steps to align with the European Union Deforestation Regulation (EUDR), which mandates full traceability and zero-deforestation sourcing for agricultural commodities like soy. The regulation, enforced from June 2023 with compliance deadlines approaching by end of 2024, is set to impact global trade flows. In FY 2023-24, India produced approximately 113 lakh metric tons (11.3 million MT) of soybeans. As global demand for traceable, deforestation-free Non-GMO soy rises, especially from European markets, Indian stakeholders are strategically positioning the country as a key supplier. India's competitive advantage lies in its largely Non-GMO soy cultivation, unlike major producers such as Brazil and the USA where GMO crops dominate. This makes Indian soy a natural fit for EU buyers seeking sustainable and clean-label sourcing. To facilitate this shift, the Soybean Processors Association of India (SOPA) Is partnering with TRST01, a sustainability technology leader, to enable exporters and farmers to comply with EUDR requirements efficiently and affordably. Key Features of TRST01's EUDR Solution: -Geo-mapping of soy cultivation areas -Digital traceability from farm to port -Immutable blockchain records for audit trail -Automated generation of GeoJSON files and Due Diligence Statements (DDS) -Farmer onboarding, training, and field support Strategic Vision: SOPA and TRST01 are committed to building India as a Non-GMO soy export powerhouse. Through this collaboration, the target is to facilitate traceability and certification for over 10 lakh metric tons of soy in the coming export cycles. Field-level mapping initiatives, exporter training workshops, and data standardization drives have already begun across major soy-producing regions--Madhya Pradesh, Maharashtra, Rajasthan, and Telangana. Why Indian Non-GMO Soy Matters: -GMO-free by default: India's soy production is Non-GMO, aligning naturally with EU regulations. -Sustainable cultivation practices -Higher trust quotient in global markets -Opportunity for premium pricing and market preference in the EU About SOPA: The Soybean Processors Association of India (SOPA) is the apex body representing soybean processors, exporters, and stakeholders, dedicated to the growth and global competitiveness of India's soy industry.
