TRADE & TRENDS
Tolexo eliminates structural inefficiencies in healthcare eco-system Tolexo has been striving to bring in quality as well as quantity, by enriching the sub segments in medical supplies IF THE recently concluded Indian Medical Expo 2016 is anything to go by, the medical electronics industry, presently, is expanding at the rate of 17 per cent CAGR. This expansion, it attributes to the increasing aged population with easy availability of up to date healthcare solutions and most importantly the increasing disposable income. Down pinning this growth is the fact that medical sector still has infrastructural, technological and production deficiencies. “Contemplating the market sentiment, there is an urgent need of a makeover, waiting to happen for a long time now,” said Navneet Rai, Co-founder, Tolexo, a leading market place for business and industrial goods. Going by the facts stated above, medical supplies has
seen an uptick in demand but not in supply. Worth mentioning is the growth in the last couple of months, for Tolexo, as it introduced a complete new horizontal of medical supplies. In the not so distant past, this sector was reeling with supply side restraints (quality as well as quantity) but with a glut in demand. Tolexo’s operations in the medical supplies vertical has brought in much required assistance by solving the supply restraints with the widest assortment, competitive prices with convenient delivery services to even the most untapped markets in India. It caters some prominent sectors like Indian Army, hospitals like Metro Hospital, Mumbai; Rajeev Gandhi Hospital etc. Tolexo’s buyers also include big giants like Mahindra and
Tolexo is eyeing a huge potential in technology and internet penetration to fill up supply side deficiencies in the medical sector Mahindra, and institutes like Jawaharlal Nehru University. Certainly another trailing factor that marred the medical sector is the slackness entailing
technological advancement. Taking a note, Tolexo has on board the best brands which have contributed to technology upgradation and provide reliable healthcare solutions. Domestic demand is surging and hence, the emerging requirements for refinement, to fill the gap. As a big industrial giant, Tolexo has been striving to bring in quality as well as quantity, by enriching the sub segments in medical supplies. From diagnostic instruments to medical consumables, hospital equipment to hospital furniture, and also offering orthopedic products, it has a wide variety on offer. Product management has gained a lot of prominence as quantity shortage gives way to structural hassles. “We are stressing on the
fact that delivering the product is necessary, but product availability is the utmost urgency. Following this, we are already equipped to provide turnkey solutions to segments like pathology labs, blood banks, etc, to begin with, with more segments to be added in the near future”, expressed MK Singh, GM – Category Management, Tolexo. Tolexo’s market outreach is quite impressive as is in the case of its parent company, IndiaMart with various selling platforms which include Tolexo’s mobile app, website, telesales and direct sales team. Taking a cue from the soon to happen Express Technology Sabha, Tolexo is eyeing a huge potential in the technology and internet penetration to fill up supply side deficiencies in the medical sector.
Airox wins awards at World Entrepreneurship Summit- 2015 It was only equipment company in the event who got these awards AIROX, A Aurangabad based company, a market leader in oxygen generator business in India, achieved a great mile stone at World Entrepreneurship Summit- 2015 - "Leaders who Inspire Healthcare" which was held on December 26, 2015 at The Leela Ambience Delhi, India.
Airox received three awards at the event: ◗ Best Healthcare Enterprise of the Year 2015 ◗ Best Medical Equipment Company of the Year 2015
◗ Best Healthcare Entrepreneur of the Year 2015 (Sanjay Jaiswal) The awards were given by the following dignitaries: ◗ Satyendra Jain, Health Minister, New Delhi ◗ Dr Kirit Solanki, Member of Parliament) ◗ Dr BK Chopra , Indian ARMY Medical Services - Director General ◗ Major HP Ahluwalia (Padma Bhushan, Padma Shri and Arjuna Award winner) Airox was only equipment company in the event who got
In 2014 Airox received the ‘Fastest Growing Indian Company’ award at the International Achievers Conference these awards. The jury had 11 members. Airox has been chosen amongst various companies in the Indian healthcare equip-
ment segment. Airox has a head office in Aurangabad and branch offices at New Delhi, Kolkata and Vapi,
Gujarat. It has installed its systems in all states of India, the company has 100 employees and 15 distributors across the India. In 2014 Airox received the ‘Fastest Growing Indian Company’ award at the international achievers conference. This Aurangabad-based company is doing great work on the national level and Sanjay Jaiswal, MD, Airox technologies has been complimented for this great success. For more details, visit www.airoxtechnologies.com
EXPRESS HEALTHCARE
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February 2016