CSA enters India to offer the medical devices sector testing, compliance and certification support
The new laboratory will provide testing and certification for medical and healthcare, industrial control products, automation, information technology, audio video technology products, appliances and control equipment to ensure safety, quality and high performance.
The company is among the top 10 testing and certification organizations globally. While it is keen to offer these new norms to India, it is hoping that the central government would enforce regulations in the medical devices and healthcare space.
India has become a hub for third-party inspection services. The company is also in discussion with the Bureau of Indian Standards (BIS) to look into mutal areas of collaboration and help leverage global standards. It is also keen to grow its operations in India via organic and inorganic routes.
"The company has seen its India entry as most appropriate, going by the large presence of medical device companies seeking compliance from global regulators. It makes more business sense to set up a base in India at a time when the market is brimming with positive growth prospects. Therefore, we see India as a market with long-term growth potential", said Mr Ash Sahl, president and chief executive officer, CSA Group.
"Our lab in India is envisaged to give a fillip to medical device compliance as a one-stop location for global regulatory adherences, components acceptability, compliance mechanism and safety. Further, with a faster turnaround, manufacturers would be able to considerably reduce the time-to market, said Mr Saibal l Mukhopadhaya, country manager, CSA Group.