Sivantos India, a hearing aid manufacturing company launched its first franchise store in the state on Monday.
“The company has almost 50 per cent market share in the Indian hearing aid sector,” said Avinash Pawar, chief executive office, Sivantos India.
He added that, 10 per cent of the Indian population has some or the other hearing problem and need hearing aid. “We have plans of increasing our presence in Goa through more clinics in future,” said Pawar.
Speaking of the first franchise store Easy Hear in Porvorim, he said, “We were looking for the right partner with the required infrastructure and staff to qualify as our first sound center outlet in the state.”
The newly launched clinic is expected to provide services like pure tone audiometry testing, hearing aid prescription, trial, programming, servicing and accessories among other services. Also present at the launch was Manish Kulkarni, and Prashant Jadhav, directors, Easy Hear. Sivantos India (formerly Siemens Heraing Instruments Pvt Ltd) , is a part of the Singapore based Sivantos Group.
The group is considered as one of the world’s leading manufacturer of hearing aids, manufacturing one out of four hearing aids available in the market.
The company’s India operations started in 1998. It deals in the hearing solutions of all kind including diagnostics.