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In the passage, it is stressed that the money earned from the sale of lenses, made by Aurolab, ----.
A British businessman, David Green, was
determined to provide India with good-quality, lowprice
lenses for use in cataract surgery. He got a
group of expert engineers to design lenses that
could be produced cheaply, and got support to
start a lens factory, as part of Aurolab, in India.
Now, the typical eye surgeon in India does 2,500
cataract operations a year as opposed to 125 or
so in the US. Thanks in part to such a steady
demand and to India's cheap labour, Aurolab
today can sell roughly 700,000 lenses a year for
as little as $4 each and still make a profit. Aurolab,
which operates as an independent nonprofit
organization, made money from the beginning, it
reinvests all proceeds into expanding its
operations and designing new products, such as
sutures and eyeglasses. But even at $4 a lens,
how can the very poor afford eye surgery? At this
point the Aravind hospital provided the help that
was needed. It set up a scheme in which patients
pay whatever they can. Those who are relatively
well-off pay more for their surgery, subsidizing the
very poorest, who pay nothing. Even with these
subsidies, the Aravind hospital makes $2 for every
dollar it spends on cataract surgery. This has
enabled it to open up five more hospitals, catering
to some 100 million Indians.