B Medical Systems has signed a Memorandum of Understanding (MoU) with the Government of Gujarat, as part of the Investment Promotion Activity for Vibrant Gujarat Summit 2022.

As per the agreement, Rs 100 crore will be invested in the manufacturing of medical and cold chain equipment aimed at supporting the Indian healthcare system. 

The MoU was signed in the presence of the Chief Minister of Gujarat, Bhupendrabhai Patel, and by the CEO of B Medical Systems India, Jesal Doshi. 

"Our facility and products will help India strengthen its medical cold chain infrastructure and promote excellent healthcare across the nation. We want to make India the vaccine cold chain capital of the world and offer the best medical cold chain equipment to hospitals, immunisation programmes, laboratories, hospitals and other clinical and research institutions, to store and transport all their thermosensitive biologicals,” said Jesal Doshi, CEO, B Medical Systems India.