This company changed India's medical disposables market. Here's how
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The indispensability of medical disposables was in full focus during the Covid-19 pandemic, when constant supplies of gloves, masks, and gowns became critical in the fight against viral transmission and cross-contamination. Without these single-use products, the number of Covid-related casualties worldwide would be even higher than the World Health Organization's cumulative toll of seven million-plus Of course, the importance of medical disposables goes beyond pandemics and emergency scenarios. Single-use healthcare products improve patient outcomes and operational efficiency by saving on time that would've otherwise gone into sterilisation processes. They also help medical facilities adhere to regulatory compliances and enforce strict infection control.In India, one of the world's largest healthcare markets, Plasti Surge Industries Pvt Ltd (PSI) has pioneered the healthcare consumables market with its range of disposable kits, sterile surgical accessories and devices, surgical gowns, and protective apparel. For 36 years and counting, it has observed stringent quality control at its manufacturing facility in Amravati, Maharashtra. The result is a client roster that includes humanitarian agencies, municipal corporations, state governments, and the who's who of pharma, biotech, and healthcare. Think UNICEF, the Municipal Corporation of Greater Mumbai, Telangana state government, All India Institute Of Medical Sciences (AIIMS), Apollo Hospitals, Abbott, and Haffkine, to name some.Among its many honours, PSI was named one of India's Top 100 SMEs by the India SME Forum and the Ministry of MSME. Under the leadership of Executive Director Aditya Daga, PSI has carved a niche in India's cut-throat medical disposables market. Its decades of experience providing medical supplies for the public sector, innovative mother and child delivery kits, a pan-India distribution network of more than 450 dealers, and a presence in 16 international markets helped it stand out from a pool of over 15,000 applications at the ET MSME Awards 2024 — India's largest and most credible MSME awards — where it was awarded 'Pharmaceutical and Healthcare MSME of the Year'.As much as PSI is a force to reckon with when it comes to single-use medical products, it's also turning the tide for healthcare sustainability. The environmental impact of traditional healthcare disposables is a concern — India produces over 550 metric tonnes of such waste daily, exacerbating the problem of medical waste management since single-use gloves, gowns, and kits take hundreds of years to break down. Through its vertical PSI Dispo, Plasti Surge Industries is not only aligning with global sustainability goals, but making compostable disposables accessible to institutions such as AIIMS.The concept of single-use healthcare disposables was virtually unknown in India until PSI scaled their production. In adapting to the times and setting new benchmarks for eco-friendly medical products, the company is proving that it is up to the task of remaining committed to responsible healthcare.For more winner vignettes of the ET MSME Awards , keep an eye on this space.
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