Medical Plastic Data Service Magazine

 

A TECHNO-ECONOMIC NEWS MAGAZINE FOR MEDICAL PLASTICS, MEDICAL DEVICES, DIAGNOSTICS AND PHARMA INDUSTRY

Our 29th Year of Publication
Page  4 of 17
 

Cover Story

CATALYTIC ROLE PLAYED BY MEDICAL DEVICE PARKS AND EMERGING SCENARIO IN INDIA

Each of the Medical Devices Park that are coming up not with only attract huge investments to the tune of ? 10,000 to 15,000 crore but will also provide direct and indirect employment to about 20000 People in each mutually interdependent cluster created.

Indian imports of Rs. 45,000 crore that account for approx. 80 per cent of the medical device market are a healthcare security risk that needs to be addressed. It is also an opportunity for Make in India and innovation in India.To ensure these Med Tech Parks thrive and donít remain green parks the State Govt. need a Capex reduction Policy Model of low cost rentals plug and play units and well thought out ancillirization and subcontracted manufacturing of parts and components and services. On the other hand the Central Govt. needs to support with Revenue supportive Policies of  Predictable Tariff Protection of 10 to 15% as done for Consumer Electronics & Mobile Phone Industry, Separate Medical Device Law that encourage innovation and decriminalize minor offenses, Restrict 2nd Hand Imports till robust regulations are in place; Incentivization for Quality Certification and Indigenous Design India Certification in Public Procurement and Ethical Marketing Practice that disallow over 4 times MRP Labelling over import landed price as well as assured timely payments for the supplier to Public Health System.

Cluster Development & Strengthening :

Existing clusters need to be strengthened of low cost plastic disposables in Gujarat and Delhi NCR, Surgical Textile based in Coimbatore, Orthopaedic Implants in Gujarat, Maharashtra & Delhi NCR , IOL in Tamil Naidu & Gujarat. Medical Electronics in Maharashtra, Karnataka and Tamil Naidu by providing laboratories, research linkages with local universities , common R&D and Tool Room Facilities, Sterilisation Facilities , Regulatory support consultancy and training services , permanent exhibition/ show rooms - conference sharing and startup facilitating centres etc.

Medical Parks can be created with common product categories with common Technologies so that they are specialized interdependent cooperative clusters around key common raw material / component suppliers eg AMTZ at Vishakhapatnam in Andhra was envisaged to be focused on large capital medical electronics equipments with mother units of X Ray tubes to attract X Ray Manufacturers and of Magnetic Coils to attract manufacturing of CT Scan & MRI equipment and of EMC testing for aiding manufacturing of large medical electronic equipment.

Similarly AiMeD recommended Aurangabed in Maharashtra and Haryana, Karnal to focus on Orthopedic implants and Surgical Instruments by inviting and supporting a stainless steel alloy manufacturer instead of Industry being dependent upon expensive imports from Sweden etc. as well as a strategically located logistics hub for medical equipment online Traders and for National Distributors considering its central distance to all parts of India :for Chennai and Ujjain in Madhya Pradesh were recommended to develop Medical Park focused on Instruments - Medical Electronics & IVD ; Trivandrum/ Kerala to have a Medical Park focused on Latex and Rubber Technology with commonly shared zero discharge effluent treatment center. For UP - Noida to focus on small consumer electronics & midsized electronics along with IVD reagents in collaboration with NIB. Hyderabad Telangana to focus on Medical Electrical Equipment and implants needing clinical research studies. Bangalore- Karnataka Medical Park to focus on embedded and stand alone software, AI and IOT app based Products.

Projects that encourage import substitution needs to be encouraged and prioritized considering the scores of medical Devices that continues to be imported.

Conclusion :

Its important that existing Manufacturers in the existing NCR and other Clusters donít feel at a competitive disadvantage and feel need to relocate to a Medical Devices Park for a temporary short term gain. The Parks should complement and not compete with existing Factories by States having a twin Policy to strengthen both Parks & Clusters, as detailed above.

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