|
INDIA’S First Medical Technology Zone
Andhra Pradesh is emerging as manufacturing hub for
medical devices with establishment of
country’s first Medical Technology Manufacturing Zone,
Andhra Med Tech Zone (AMTZ) in Vishakhapatnam
Medical device manufacturing sector has remained nascent,
leading to tremendous import dependency. Lack of domestic
manufacturing of medical devices is the main reasons for
this import dependency and high cost of medical products
and services in the country. To address this situation,
Govt. of Andhra Pradesh aims to establish country’s first
Medical Technology Manufacturing Park at Vishakhapatnam.
The goal of this progressive initiative would be to make
Andhra Pradesh an internationally recognized manufacturing
hub for medical devices, help in national agenda of import
substitution, make Andhra Pradesh a leader in medical
technology exports, generate employment, and contribute to
volume generated cost reduction of medical devices for
patients. In a meeting organized on 6th Nov, 2015, Hon’ble
Chief Minister of Andhra Pradesh shared his vision on this
important project with Medical Devices Manufacturing
Associations, Central Govt. officials and State Health
Authorities.
The creation of such as park is based on the fact that
medical devices manufacturing requires certain high
investment facilities which are too capital intensive for
individual manufactures to invest upon. A park with
in-house high investment scientific facilities would help
manufacturers reduce the cost of manufacturing by more
than 40%-50%. Currently, due to lack of such centrally
located sharable facilities, either manufacturers do not
undertake production of technologies requiring them or
send their products abroad for process upgradation and
value addition. While the park would have all such
facilities in-house to reduce manufacturing process costs,
it would be located in an area which is well connected
with Railways, Roadways, Waterways and Airways with near
presence of Industrial Corridors, Port and Harbour to
reduce logistical costs. The park will provide for certain
capital intensive scientific facilities required by most
medical device manufacturers and modern state of art
180-200 independent manufacturing units, with varying
sizes of 0.25 acre,o.5 acre and 1 acre. Government of
Andhra Pradesh would develop approximately 270 acres of
land for this project. The park would include following
facilities:
• Component Testing centre
• Electro-magnetic interference laboratory
• Medical grade low vacuum molding, cabinet molding,
injection molding centres
• 3 D designing and printing for medical grade products
• Sterilization & Toxicity testing centre
• Radiation testing centre
• Gamma Irradiation facility
• Rapid Prototyping Centre
• Industrial R & D Centre
• Incubation Centre
• Convention Centre & Expo Halls
• Warehousing
• Regulator’s office
• Other facilities commonly required in manufacturing of
medical devices
All investment towards land development, and building of
common facilities as above would be done by the Govt. of
Andhra Pradesh with support of Central Government
Departments through Andhra Pradesh Med Tech Zone. Pvt Ltd
- an SPV established under the Department of Health,
Medical & Family Welfare, Govt. of AP.
The AMTZ Team is led under the able guidance of Dr.
Jitendar Sharma who is the CEO of AMTZ and the brain
behind this entire project. Senior Management of AMTZ
includes Shri Manish Gangal, Vice President (Operations),
Shri Judish Raj, Vice President (Planning), Shri Vipin Das
Ramachandran, Vice President (Finance) and Shri Nitin
Bharadwaj, Vice President (HR & Admin). Each of them bring
along with them valuable industry experience and a
dedication to serve the nation in this noble mission.
The Foundation Stone was laid on August 19, 2016 by the
Chief Minister of Andhra Pradesh, Shri N. Chandrababu
Naidu in presence of Venkaiah Naidu, Ananthkumar, Y S
Chowdary, Dr Kameneni Srinivas (Health Minister, AP), Dr
Poonam Malakondaiah (Principal Secretary, Health) and Dr
Jitendar Sharma. He also interacted with prospective
manufacturers and service providers under the AMTZ
Investors’ Summit 2016. The Chief Minister also launched
the AMTZ Investors’ Brochure and it is available for
download on AMTZ’s official website. EOI for Common
Scientific Facilities as well as Online bookings for
manufacturing units is opened and the application forms
are available on AMTZ’s official website
www.AMTZ.in
For AMTZ Investors’ Brochure and further queries please
contact
Andhra Pradesh MedTech Zone Ltd.
Hill No. 2, IT Park, VSEZ, Madhurwada,
Visakhapatnam – 530045
Phone No.- 08885092122
Email: amtz.in@gmail.com
Website: www.AMTZ.in |
