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Sensa Core has been adjudged as one of the top MSME by Economic Times

Sensa Core has been adjudged as one of the top MSME by Economic Times

There are 60 to 70 million Micro, Small and Medium Enterprises (MSME) in the country providing employment to millions of people, but the journey of the SMEs have been riddled with numerous challenges including scarcity of cash, disruption of business activity and lack of ease of doing business. However, there are some silver linings. These are businesses that have overcome various challenges to expand as they chose to innovate and show business acumen in challenging times.

The ETRISE Top MSME Ranking programme was an endeavor to showcase businesses that stand apart due to their achievements. Businesses that shine because of their stellar contribution to the economy. With categories such as innovation, fastest growing and top performing in business being the broad parameters, each of these companies represents the best of the small businesses.

ETRISE along with CARE Ratings worked to choose the top MSMEs that represent innovation, growth and performance. This endeavour began in December 2019 and over 8000 companies took part.

Sensa Core Medical Instrumentation Pvt Ltd is a fast growing invitro diagnostic company manufacturing and delivering a wide range of analytical and diagnostic analysers, point of care devices, reagents & consumables that are at par with global standards.

Sensa Core is the first Indian manufacturer to mass produce the Glucose meters and strips that are indigenously manufactured. Sensa Core embarked on the path to bring the Glucose meter cost to less than Rs 480 and the strips cost to less than Rs 9 for the end user.

Sensa Core has been a pioneer in the introduction of 3 key IVD products (Electrolye Analyzer, Blood Gas Analyzer and Glucose meter and strips) in the last 10 years, all indigenously designed, developed and manufactured at state of the art 100,000 sqft manufacturing facility, located in five acre landscaped campus. Sensa Core’s innovations have been introduction of nonexistent product locally manufactured at affordable prices. It is very important to have local manufacturing to keep the control over the pricing. Every Rs 1 crore sales generated by Sensa Core reduces the foreign imports worth Rs 3 crore. Which means, when Sensa Core joins the Rs 100 crore club in 2020, it would have reduced the foreign imports by Rs 300 crore, helping preserve foreign currency reserves.

Read more at: ETRISE Top MSME Ratings featuring Sensa Core

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