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India: Ventilators

Department for International Development written question – answered on 4th May 2020.

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Photo of Chris Matheson Chris Matheson Shadow Minister (Digital, Culture, Media and Sport)

To ask the Secretary of State for International Development, what support the CDC Group has provided to the ventilator manufacturer Skanray Techologies; and how that investment is supporting public health systems in India respond to the covid-19 outbreak.

Photo of James Duddridge James Duddridge Parliamentary Under-Secretary (Foreign and Commonwealth Office) (Joint with the Department for International Development)

CDC is an investor in Skanray Technologies Private Limited through the investment fund Ascent India Fund III managed by Ascent Capital Advisors Private Limited. The investment was made by the fund manager in 2013 with the purpose of expanding access to medical equipment in India and across South Asia. CDC continues to work closely with the company which is exploring options to scale-up its production capacity of ventilators in support of the public health response to Covid-19 in India.

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