Pioneering Excellence: The Journey Of Dr. Navil Prasad Edathil And Kirloskar Technologies Private Limited In Transforming Healthcare
CEO OF THE YEAR 2024
In today’s rapidly evolving healthcare landscape, providers face numerous challenges ranging from technological advancements to increasing demands for high-quality patient care. The industry grapples with issues like the integration of new medical technologies, managing costs, ensuring patient safety, and maintaining regulatory compliance. Amidst these challenges, Kirloskar Technologies Private Limited (KTPL) stands out as a lighthouse of innovation and excellence, significantly impacting the healthcare sector.
KIRLOSKAR TECHNOLOGIES PRIVATE LIMITED: A LEGACY OF EXCELLENCE
For over three decades, KTPL has been an integral part of the Kirloskar Group, specializing in Sales, Marketing, procurement, installation, and maintenance of medical equipment across various specialties including neurosurgery, oncology, cardiac surgery, and imaging.
The company’s commitment to delivering top-tier digital radiology products and its expansive reach across Asia, Africa, and the Middle East underscores its pivotal role in advancing healthcare solutions globally. KTPL’s operations are underscored by its accreditation with ISO 9001:2015 and ISO 13485:2016, along with approval from the Atomic Energy Regulation Board, Mumbai.
A VISION FOR TRANSFORMATIVE HEALTHCARE
KTPL envisions becoming a highly esteemed integrated healthcare provider in India and South Asia, driven by its commitment to excellence, quality, customer satisfaction, and holistic value generation for all stakeholders. The company aims to partner with and empower the medical community with advanced, reliable, and cost-effective medical solutions to enhance disease management and overall quality of life.
Rooted in care and trust, KTPL’s core focus is on delivering top-tier, reliable services in Medical Assets Management for the betterment of patients and the medical fraternity. The company’s comprehensive Quality Management System (QMS) encompasses ISO standards, fulfilling its mission and meeting the expectations of clients, staff, and the communities it engages with.
LEADING THE CHARGE: DR. NAVIL PRASAD EDATHIL
At the helm of KTPL is Dr. Navil Prasad Edathil, the Executive Director and CEO, whose leadership and vision have been instrumental in steering the company towards its goals. With three decades of versatile experience in the Healthcare/Life Science domain, Dr. Navil’s expertise spans sales, Business Development, Branding, Marketing, operational management, QA, R&D, after-sales service operations, Finance, M&A, Manufacturing, Training and effective people management. Also led many corporate business delegations to Asia and European countries.
Dr. Navil’s impressive academic credentials include Doctorate in Business Management from. SSBM-Geneva, MBA, ME, and Post-Graduate Diploma in General Management from prestigious institutions such as MIT, Colombia, and TUCK Dartmouth USA. Moreover, his certification as a Six Sigma Black Belt Professional underscores his commitment to excellence and continuous improvement.
STRATEGIC LEADERSHIP AND VISION
In his current role, Dr. Navil’s orchestrates the development and meticulous execution of high-quality business strategies and plans, ensuring they align with KTPL’s mission and long-term goals. His approach emphasizes senior executive leadership and resource provision to empower employees, fostering a culture of competence and excellence within the organization.
Under Dr. Navill’s leadership, KTPL has not only maintained but also enhanced its reputation for service excellence and ethical conduct. His strategic vision and dedication to improvement involve setting and reviewing objectives, reporting key performance indicators, and maintaining consistency through streamlined processes.
KTPL’S EXTENSIVE SUITE OF SERVICES
KTPL’s success and prominence in the healthcare industry are driven by its diverse range of services, segmented into three key divisions: Capital Equipment and Life-Saving Equipment (CE & LS), Invitro Diagnostic Division (IVD), and Medical Assets Management (MAM).
CAPITAL EQUIPMENT AND LIFE-SAVING EQUIPMENT (CE & LS)
The CE & LS division is the cornerstone of KTPL’s operations, dealing with high-tech medical equipment essential for oncology care, digital radiology, and cancer diagnostics. By partnering with global manufacturers such as Shinva, Pyrexar, Samsung, and PathnSitu Biotechnologies, KTPL ensures that its offerings are at the forefront of medical technology. This division not only supplies but also supports the installation and maintenance of these sophisticated devices, playing a critical role in enhancing patient care and diagnostic accuracy.
MEDICAL ASSETS MANAGEMENT (MAM)
KTPL’s MAM division focuses on the efficient maintenance and management of medical equipment, significantly enhancing the productivity and longevity of medical technology assets. Under the Public-Private Partnership (PPP) model of the National Health Mission (NHM), KTPL maintains over 400,000 medical devices across more than 7,000 medical facilities. The division has established multiple spare parts depots and testing and repair centers, ensuring the availability and operational readiness of medical equipment. Regular preventive maintenance and calibration services further underscore KTPL’s commitment to reliability and efficiency in healthcare delivery.
QUALITY ASSESSMENT SERVICES
KTPL also excels in Quality Assessment Services, providing both on-site and in-house calibration for a wide array of biomedical equipment. Operating nationwide with a workforce of approximately 450 employees—including management experts, biomedical engineers, electronics engineers, technicians, and logistics experts—KTPL is poised for continuous growth. The company is expanding its services to more states and private hospitals, offering outsourced maintenance solutions to a broader client base.
KTPL’S UNIQUE SELLING PROPOSITION
What sets KTPL apart in the competitive healthcare industry is its dedication to innovation and customer-centric solutions. The company prioritizes advanced research and development, consistently pushing technological boundaries to create devices that enhance patient outcomes and improve healthcare procedures. KTPL’s commitment to quality, compliance, and regulatory adherence guarantees that its products meet the highest safety and effectiveness standards.
A JOURNEY OF GROWTH AND RESILIENCE
Reflecting on KTPL’s journey, Dr. Navil Prasad Edathil acknowledges the challenges faced along the way. “The course taken by KTPL was not without its challenges. Yet, within those challenges lay invaluable lessons. One significant learning was the development of cuttingedge technology and services, elevating our capacity to provide the utmost care to our esteemed clientele,” he recalls.
Even amid recent economic difficulties, KTPL has navigated successfully by focusing on niche market segments, attracting attention from both government and private investors. “Success for KTPL is measured by its transformative impact on patients and healthcare. The strides we have taken in medical technology underscore our achievements. Notably, we have achieved regulatory recognition for upholding product standards and safety and prestigious industry honors for our devices, marking their innovation and contribution to patient care,” Dr. Navil shares.
WHAT LIES AHEAD FOR KTPL?
KTPL is acutely aware of the transformative impact of emerging trends like Data Science, AI, and Robotics on the healthcare industry. The company strategically embraces these changes, turning them into opportunities for growth and adaptation. Recent technological breakthroughs are seamlessly integrated into KTPL’s operations, products, and services through state-of-the-art IT and IoT systems paired with AI tools, yielding positive outcomes across the board.
Looking to the future, KTPL is focused on introducing a groundbreaking, comprehensive system for cancer diagnostics and therapy in India. By incorporating cutting-edge technology from partners in Japan and the USA, this initiative reflects KTPL’s commitment to innovation and lays the foundation for its establishment as a significant player in diverse healthcare sectors.
WORDS OF WISDOM
Dr. Navil offers sage advice to young entrepreneurs: “Always keep in mind the actual requirements of customers, prioritize quality, manage costs effectively, and provide excellent service offerings.” His guidance underscores the principles that have propelled KTPL to its esteemed position in the healthcare industry, emphasizing the importance of customer-centricity, quality, and service excellence in achieving lasting success.
In conclusion, KTPL, under the visionary leadership of Dr. Navil Prasad Edathil, continues to advance healthcare through innovation, quality, and a steadfast commitment to patient care. As the company looks to the future, it remains poised to make significant contributions to the global healthcare landscape, driven by a passion for excellence and a dedication to improving lives.
