ICICI Securities Joins Hands With IIT Kanpur to Develop Affordable Ventilators

ICICI Securities Joins Hands With IIT Kanpur to Develop Affordable Ventilators

ICICI Securities Joins Hands With IIT Kanpur to Develop Affordable Ventilators

covid-19-outbreak

ICICI Securities as a part of its CSR initiatives has joined hands with Indian Institute of Technology Kanpur as a ‘Technology Development Partner’, to develop high-end yet affordable invasive ventilators.

The ventilators are essential life saving devices that are critical for COVID-19 affected patients. It becomes critical for a country like India to start designing and manufacturing completely low-cost invasive ventilators.

IIT-Kanpur, along with Nocca Robotics (a start-up incubated at Start-up Incubation and Innovation Centre IIT Kanpur – SIIC IIT Kanpur), has created a consortium with bio-medical engineers, doctors, R & D leaders, supply chain, MedTech business heads, etc., to develop a completely indigenized, invasive, portable and affordable mechanical ventilator. Under this fast-track project, by mid-May 2020, the product will be ready for market, post design, development and testing of prototypes at multiple centres.

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