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Quality treatment and preventive care are two words that successfully define Thyrocare Technologies Limited in India. At the time when the Indian healthcare industry was rapidly evolving, Thyrocare disrupted the diagnostic segment with their innovative and quality approach towards their clients.
Founded in 1996, Thyrocare is the brainchild of ex-scientist, Dr. A Velumani, who with constant hard work and dedication made it India’s first and most advanced totally automated laboratory.
Brand’s History
The company identified the huge potential for thyroid testing in India, which is why it started its first laboratory in Byculla, Mumbai, and largely kept the rand’s focus on thyroid testing. Thereafter the brand started dealing with thyroid testing, under the name “Aarogyam”, along with more than 200 tests and 50 odd profiles comprising different tests.
Thyrocare is now one of the major healthcare giants in India that is innovating and improving the healthcare condition in India.
With an aim of providing quality at affordable costs to laboratories and hospitals in India, Thyrocare is now serving more than 200 client brands across 2000 cities. The brand is also serving to diagnostic centers and pathologists along with a hundred thousand doctors across the nation.
The company has 1,122 outlets and collection centers across India and parts of Nepal, Bangladesh and the Middle East.
Growing via the Franchising Way
After shifting to a larger set-up, Thyrocare introduced a franchise model that could help the brand in procuring samples at their central laboratory located in Mumbai. This initiative turned out to become a turning point for Thyrocare, witnessing steady growth in terms of presence and revenue.
Thyrocare is also allowing budding entrepreneurs to collaborate with them to transform the Indian healthcare industry.
Speed & Accuracy: Thyrocare’s Operation Behavior
The attributes of Thyrocare like ‘speed and accuracy’ helped the brand get transformed into an IT-enabled laboratory, having 24*7 fully automated diagnostic laboratories that cover more than 2,00,000 sq ft floor space.
The brand is ensuring error-free processing of over 50,000 specimens and over 2,00,000 clinical chemistry investigations per night.
Further, the speed factor is majorly improved through a combination of air-cargo logistics and IT-enabled bi-directional systems that ensures a turnaround time for any sample to be in between 4 to 8 hours.
Franchise 100
The Franchising World, India’s no.1 Franchising Magazine, identifies the TOP 100 Franchise Brands and celebrates their achievements every year in its anniversary issue. The issue highlights the established Indian and big global brands that are increasing their positioning in India along with the new-age brands that are lucrative and profitable, expanding fast, as a reference guide for budding entrepreneurs and investors across India.
Franchise Top 100 is the one-stop destination to know everything about the franchise industry which establishes the authority, and strength to evaluate the growth of the franchise industry.
