# Poly Medicure plans Rs 500 crore investment for expansion and acquisitions

Indian medical device manufacturer Poly Medicure Ltd. plans to invest over ₹500 crore (approx. $60 million) to expand manufacturing capacity, set up three new plants in India, and pursue strategic acquisitions targeting cardiology, critical care, and renal care markets.

- Type: Investment
- Announced: 2024-10-13
- Where: India, India
- Value: $60.0M (5.00B INR)
- Status: announced
- Products: medical devices, cardiology devices, critical care devices, renal care devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Poly Medicure Ltd.](https://endata.com/companies/80398.md)

## Sources

- [businesstoday.in](https://www.businesstoday.in/industry/pharma/story/poly-medicure-targets-global-markets-with-rs-500-crore-investment-and-strategic-acquisitions-449841-2024-10-13), 2024-10-13: "Our priority is to expand manufacturing capacity and enter segments like cardiology, critical care, and renal care."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.