Tynor Orthotics (P) Ltd. has received the Outstanding Entrepreneur of the country award under the National Awards 2010 Scheme for MSMEs. Shri Pushvinderjit Singh- Vice President of Mohali Industries Association & Managing Director of Tynor Orthotics (P) Ltd.received the award from Hon’ble President of India Smt.Pratibha Devisingh Patil on 2nd September, 2011 at Vigyan Bhawan, New Delhi. The award comprises of a Cash award of Rs.1.00 lakh, a certificate and a trophy.
The selection process involves an audit on about 30 key parameters of performance of the industrial unit which includes growth, exports, efforts in R&D, Employee welfare, Infrastructure, Industrial efficiency, Certifications, Energy Efficiency, Environment Management & Pollution Control. More than 2000 companies from the entire country contested for this award and it is for the first time that a company from Punjab has received the award.Shri K.S.Mahal- President MIA said that it is a rare achievement by a first generation entrepreneur and MIA feels pride to inform that Tynor Orthotics is a member of Mohali Industries Association. Tynor Orthotics will inspire our other members and make efforts for such outstanding achievements. Shri Mahal said that Tynor Orthotics P Ltd. have set a precedent for all our member entrepreneurs
Tynor started this journey with a very humble capital of Rs.50,000 and a loan of Rs.1.00 lac under PMRY Scheme. Within a span of 15 years Tynor has grown to become one of the top two brands in India for orthopaedic appliances with 500 dealers spread across the country and 50 overseas dealers in about 30 countries. Tynor is the most certified company in its trade with ISO 9001:2008, CE, ISO13485, WHO GMP, US FDA. The company gives direct employment to 400 persons
At present Tynor Orthotics P Ltd manufactures Orthopaedic appliances and fracture aids like Body belts, Cervical Aids, Walking aids, Knee and Wrist supports, Traction kits etc.
Tynor has recently collaborated with French Orthopaedic appliance major M/s Thuasne Participations. The company is poised for a major expansion in the next three years with an expected investment of Rs.100 crore and employing more than 1000 persons.
Shri K.S.Mahal- President also informed that Tynor Orthotics P Ltd. has also received ADARSH Entrepreneur Award for the year 2011 by Chamber of Small Industries Association, Mumbai for their honest and ethical means of business. This award was received by Mr.A.J.Singh, Executive Director, Tynor Orthotics P Ltd at Mumbai.