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Jack in the box

Surprise market winners in Indian states’ diagnostics race

The large, publicly-listed companies like Dr Lal and SRL lose out to new, forward-looking and eager diagnostic labs as Indian states start offering free diagnostics

29/03/18

Ruhi Kandhari

State and central governments together are in the market to outsource diagnostics worth almost $1 billion

Wipro GE healthcare is leading as it has public-private partnerships (PPPs) with 15 states to provide radiology labs

Pathology lab major SRL, which has 3 PPPs, does not find PPPs profitable 

Younger labs like Techmed Healthcare and Core Diagnostics are trying to expand their presence by tying up with Indian states

A little late in the game, last month, Odisha government joined the states that have chosen to offer free diagnostics to people. Every time states say ‘free diagnostics,’ path labs sense a big opportunity. Which is why Dr Lal, SRL and other organised large pathology labs bid for the tender, confident in their chance to…

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