Aiming to reduce import dependency in the medical device industry as well as create employment and growth in the state, Chandrababu Naidu, the chief minister of the state of Andhra Pradesh, has decided to invest in a 200-acre medical device park — the first of its kind in India.
The park will have a common manufacturing facility center to act as a hub for the small and medium sized enterprises sector to enable them to flourish as a cluster. Focus will be on creating an ecosystem for high end medical device manufacturing and import substitution with an eye on exports.
According to the International Diagnostics and Devices Monitor, the All India Medical Device Industry has announced the UdaiMed forum in collaboration with the Sree Chitra Tirunal Institute of Medical Sciences and Technology located in Trivandrum, in the southern state of Kerala. According to the association, the connection between academia and technology manufacture is important and necessary because R&D institutions and engineering colleges do product development in isolation and industry has little or no idea of work being done. Often the research has no relevance for industry, said Rajiv Nath, forum coordinator of the All India Medical Device Industry.
“Bridging the disciplines of medicine, engineering, information technology and biotechnology is a very significant step in this direction, and UdaiMed could be one of the best engines to make that happen,” Vijay Venkatraman CEO of Oviya MedSafe told the International Diagnostics and Devices Monitor.
