Terumo Penpol Limited (TPL) is a subsidiary of Terumo Corp., Japan, and is India's largest blood bag manufacturer.
The original company - Peninsula Polymers Limited (Penpol Ltd.) - was established in 1987 by C. Balagopal, a former IAS, 1977 Batch officer from the Manipur Cadre as Joint Venture (JV)with Sree Chitra Thirunal Institute of Medical Sciences and Technology and soon became the first company in India to produce blood bags using indigenous technology
In 1999, Tokyo-based Terumo Corporation signed a contract to acquire a 74% share of Peninsula Polymers Limited, and the new joint venture was renamed as Terumo Penpol Limited (TPL)
Terumo Penpol has its headquarters in Thiruvanathapuram,Kerala and employs 1200 people
Terumo Penpol Blood Bags are sold in over 64 countries across the world and its medical equipment division has commissioned more than 25000 installations.
TPL has entered its 25 year of operations in 2010, with an enhanced production capacity of 22 million blood bags per annum
TPL has been winning the top exporter award or the second best exporter award for medical disposables every year from 1994 onwards
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