Jaykay Enterprises’ wholly owned subsidiary (WOS) -- JK Digital & Advanced Systems (JK Digital) has executed a tripartite manufacturing agreement with Meril Innovations, (Meril Lifesciences), Gujarat, a leading MedTech Solutions Company, for production of Medical Devices/Implants through 3D Printing along with its technology Partner EOS Electro Optical Systems India, Chennai a WOS of EOS GmBH of Germany.
The agreement provides for JK Digital to Install, Operate specified 3D Printers assisted by EOS, its technology Partner for manufacturing of Orthopedic Implants at Meril Lifesciences premises in Gujarat. The agreement will be initially for 15 years, mutually extendable by parties. The initial annual revenues are likely to be Rs 12-18 crore per year.
Jaykay Enterprises manufactures synthetic yarns, fibres and fabrics, portland and white cement, chemicals, fertilisers, pharmaceuticals and synthetic fibre-making machinery, and chemicals, and develops renewable energy sources.
