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Aravind Eye Hospital Case Study Hbs
– The intra-ocular lens used in the surgery used to make up a significant part of the fixed cost of the surgery at c. Aravind set up a manufacturing facility which makes intraocular lens called Aurolab in 1992.
Aravind has been able to successfully execute this business model over the last forty years to become the largest provider of eye-care services in the world.
Aravind’s business model is based on his vision to solve the blindness problem regardless of the patient’s ability to pay.
Plans were underway in 2000 to set up a fifth hospital.
Aravind had also made progress in two other key areas.