Trivitron has begun offering turnkey solutions to governments and private individuals looking to set up hospitals, starting right from feasibility studies to operating full-fledged healthcare centers in a diversification the company hopes will be a growth driver ahead of its going public in 5 years.
Having dealt in imaging equipment, digital operation theaters, and other sophisticated machinery for over a decade, Trivitron is in talks with governments in Africa to assist in setting up hospitals. The company hopes at least one project in Africa gets signed for its new venture within this quarter. For Africa, an individual corporate entity – Trivitron Africa – would be set up.
The company is also in talks with private equity companies to raise funds for the African venture to the tune of USD 20 million (130 crore).