GST

What GST does

GST Corporation Limited (GSTC) is an India-based medical device manufacturer and exporter founded in 1959, headquartered in New Delhi with manufacturing operations in Noida (NSEZ Phase-2). The company produces a broad portfolio of medical devices spanning 17+ product categories, including medical disposables (MVA Kits, Spinal Needles, Suction Catheters, Ryles Tubes, Ambu Bags, Umbilical Cord Clamps, gynecological gloves), orthopedic aids and implants (bone plates, hip prostheses, spinal implants, braces and supports), diagnostic instruments, anesthesia equipment, hospital garments, surgical instruments, and autoclave/lab equipment. Its core technical capabilities center on EO-sterilized medical-grade PVC and silicone manufacturing, validated to ISO 11135, with biocompatibility testing per ISO 10993, produced across 9 facilities totaling 200,000 sq. ft. in Delhi/NCR.

The company's products are manufactured under multiple international certifications, including WHO-GMP, FDA registration, CE Marking (0434), ISO 9001:2015, ISO 13485:2016, ANVISA, ISO 10993 biocompatibility, and ASTM/BS EN standards compliance. Its go-to-market is sales-led B2B, targeting four primary segments: healthcare providers (hospitals, clinics), government health ministries, NGOs and international development organizations (UNICEF, UNDP, World Bank), and OEM/private-label partners for global healthcare brands. Distribution is executed through direct export, international tendering, and distributor networks in 65+ countries spanning North America, Europe, the Middle East, Africa, Southeast Asia, and Latin America.

GSTC generates revenue through two principal streams: hardware sales of its proprietary branded medical devices (quote-based, B2B institutional pricing with unit pricing per product) and OEM/licensing-royalties from custom manufacturing and private-label partnerships with international healthcare brands. Pricing is not publicly disclosed; transactions are quote-based, varying by product specifications, order volumes, certification requirements, and destination-country regulations. The firm operates without public listing or disclosed institutional investors, with no funding rounds recorded in the available data.

Name

GST

Legal name

GST Corporation Limited

Website

https://gstc.com

Company type

Private

Founded year

1959

Operating status

Operating

Headcount range

11–50 employees

Short description

GST Corporation Limited (GSTC) is an India-based medical device manufacturer and exporter founded in 1959, producing surgical instruments, medical disposables, orthopedic aids and implants, and rehabilitation equipment for hospitals, government health ministries, and NGOs including UNICEF, UNDP, and World Bank across 65+ countries.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Medical Device Manufacturing & Export: B2B manufacturing and export of medical equipment including surgical instruments, rehabilitation aids, orthopedic implants, and medical disposables to healthcare institutions, governments, and NGOs worldwide.
2. OEM/Private Label Solutions: Customizable OEM solutions for global healthcare projects and private labeling partnerships with international companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

GST Corporation Limited designs, manufactures, and exports medical devices and surgical instruments for healthcare providers worldwide. Established in 1959, the company produces a broad portfolio of medical equipment and disposables under its own brand, certified to international quality standards (FDA, CE, WHO-GMP, ISO 13485, ISO 9001). It serves hospitals, government health programs, and global health agencies including UNICEF, UNDP, and the World Bank, exporting to more than 65 countries.

Product overview

GST Corporation Limited (GSTC) is an India-based medical equipment manufacturer and exporter established in 1959, offering a comprehensive portfolio of medical devices across multiple categories. The product line includes core clinical products such as the MVA Kit for gynecological procedures, Ambu Bags for emergency resuscitation, Spinal Needles for anesthesia, Suction Catheters for airway management, and Ryles Tubes for enteral feeding. These are complemented by broader product categories including Medical Disposables (infusion therapy, surgery, urology supplies), Orthopaedic Aids (braces, supports, traction kits), Orthopaedic Implants (bone plates, hip prostheses, spinal implants), Diagnostics equipment, Anaesthesia products, Hospital Garments, Lab & Scientific equipment, Surgical Instruments, Rubber Products, Suction Units, and Autoclave sterilization equipment. The company operates under the Heuer brand for anaesthesia disposables and exports to 65+ countries with WHO-GMP, CE, FDA, and ISO certifications.

Differentiator

Problem solved

Functional benefit

Brands

• Heuer International: A division of GST Corporation Limited, focused on anaesthesia disposables and medical devices including MVA kits, spinal needles, and related products.

Products and services

• Medical Devices and Surgical Instruments
• Medical Disposables
• Diagnostic and Healthcare Equipment

Quantifiable outcome

• Serving 400+ customers in 65+ countries including major international organizations
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and major.

• UNICEFcoreStrategic or Co-development PartnerLong-term supply partnership for medical devices and equipment supporting global child and maternal health programs through international development initiatives.
• UNDPcoreStrategic or Co-development PartnerOngoing procurement relationship for medical equipment supply supporting health development projects in developing countries.
• World BankcoreStrategic or Co-development PartnerSupply partnership for health sector equipment through international development financing and procurement programs.
• Government Health MinistriescoreChannel Partner/ Reseller/ DistributorLong-term alliances with government health ministries and international tendering authorities across 65+ countries for public healthcare procurement.
• International Healthcare Companies (OEM)majorOEM/ Whitelabel/ Licensing PartnerOEM cooperation with top international companies for custom manufacturing and private labeling of medical devices under their brands.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Intersurgical: UK-based specialist manufacturer of respiratory care, anesthesia, and airway management disposables including oxygen masks, ventilator circuits, and catheter mounts. Directly overlaps GSTC's anesthesia and respiratory product categories across institutional buyers.
• Ambu A/S: Denmark-based medical device company and the original inventor of the Ambu bag; operates globally in anesthesia, respiratory care, and single-use endoscopy. Directly competes with GSTC's Silicone Ambu Bag and respiratory care product lines in regulated institutional markets.
• Laerdal Medical: Norway-headquartered medical device company specializing in resuscitation, airway management, and patient simulation, including manual resuscitators. Directly competes with GSTC's Ambu Bag (manual resuscitator) products in emergency and respiratory care markets.
• Romsons Group: India-based medical device manufacturer and exporter with a product portfolio spanning disposables, surgical instruments, anesthesia, and respiratory care sold to 80+ countries. Directly competes with GSTC across medical disposables, surgical instruments, and ortho/aids in institutional tenders.
• Bicakcilar Group: Turkey-based manufacturer of medical devices and disposables exporting to 100+ countries, with strengths in hospital consumables, surgical instruments, and orthopedics. Comparable to GSTC as a mid-sized, multi-certified, tender-driven medical device exporter serving government and institutional buyers.
• Harsoria Healthcare: India-based manufacturer and exporter of medical disposables (gynecology, anesthesia, infusion, surgical) with multi-country regulatory approvals including US FDA and CE. Comparable to GSTC in B2B export orientation, WHO-GMP/FDA-certified manufacturing, and humanitarian/government customer mix.

Broad incumbents

• Teleflex: US-based global medical technology company with broad portfolios in anesthesia, respiratory care, interventional access, and surgical instruments. Overlaps with GSTC across anesthesia disposables, airway management, and surgical instrumentation at a much larger enterprise scale.
• Smiths Medical: UK/US-headquartered medical device company with global institutional sales across anesthesia, respiratory, safety devices, and surgical instruments. Comparable institutional B2B go-to-market and overlapping product categories make it a broad incumbent peer to GSTC's anesthesia and respiratory line.
• Becton Dickinson (BD): US-based global medical technology leader with a vast portfolio across medical disposables, surgical instruments, diagnostics, and orthopedics. Overlaps GSTC's medical-disposables, anesthesia, and surgical instruments product lines through a much larger institutional sales footprint.
• Nipro Corporation: Japan-based global medical device manufacturer across dialysis, injection, diabetes care, and hospital disposables. Comparable to GSTC as a broad-incumbent manufacturer/exporter of medical disposables and consumables into regulated international markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCwKJ5IK5xE6gLHbXbDaJd5Q
• LinkedInlinkedin.com/company/gst-corporation
• Instagraminstagram.com/gst_corporation_limited
• Facebookfacebook.com/gst.corp

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GST