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Last updated on April 24, 2014 at 17:35 EDT

Narang Medical Limited – On a Fast Growth Spree in International Markets

June 4, 2012

NEW DELHI, June 4, 2012 /PRNewswire/ –

“Growth is a way of Life and we Have to Grow at all Times,” says Mr. Vivek Narang,
Director, Narang Medical Limited

Narang Medical Limited (NML) has covered a long journey in short time. Incorporated in
1989, the company has risen to No. 1 spot within 25 years and is today recognized as
‘India’s best source to import’ when it comes to hospital furniture and orthopedic
implants.

Mr. Parveen Narang, Managing Director, NML, stated, “Since our inception, we have
considered the world to be our playground and focused on being a known brand name
globally.” It is this focus that has enabled NML to achieve an impressive 40% average
annual growth in exports. Today, NML’s products are sold in more than 80 countries across
the globe through efficient network of distributors. The global reach and fast growth in
exports is testimony to their high standards in quality control, product design &
development, prototyping, packaging and sterilization.

Having strong presence in key South American markets and with the recent success in
Mexico, NML is planning its entry into the US market. This year, the company will be
participating in the FIME Expo scheduled to be held from August 8-10 at Miami Beach
Convention Center, Florida, USA.

Quality and innovation have been at the core of NML’s success story. The company has
been a permanent attendee at most of the global healthcare conventions and has brought the
best in medical equipment and hospital furniture to India through collaboration with
international partners. Recently, NML has also launched an online shopping portal
http://www.surgicalshop.com for some basic medical and surgical equipment.

With leadership position in domestic market and strong presence in international
markets, NML is well poised to take-off on an exponential growth trajectory. Their
aggressive plans certainly exude this confidence.

About the Company:

Started as an enterprise in early 1950s, Narang Medical Limited has evolved as India’s
most reputed manufacturer and exporter of Medical Equipment, hospital Furniture,
Orthopedic Implants and Instruments. The company conforms to ISO and CE standards, and is
a Star Export House company certified by the Government of India.

Primary Media Contact : Amit Kumar, amit@narang.com, +91-11-45554000

SOURCE Narang Medical Limited


Source: PR Newswire