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MUMBAI, India -- General Electric Co. is restructuring its Indian healthcare business in an effort to boost revenues and develop more products domestically, for both Indian and global markets, GE chief executive Jeffrey Immelt said Friday.

GE Healthcare will consolidate all its India business within Wipro ( WIT - news - people ) GE Healthcare, a joint venture between Indian technology giant Wipro Ltd. and GE Healthcare set up in 1990, the companies said. The joint venture currently distributes about 85 percent of GE Healthcare's products in India.

Forbes: GE pushes India healthcare revenue, innovation