28 January 2016 | News | By BioSpectrum Bureau
AP launches country's first medical device park at “Arab Health 2016"
AP government has already earmarked 200 acres near Vishakhapatnam for the park
With an aim to attract global interest and investment for its ambitious and country's first project of its kind, Andhra Pradesh Government launches "India's first dedicated medical device park for attracting investments at the prestigious "Arab Health Exhibition 2016, Dubai".
The Exhibition take place from 25-28 January, 2016 at the Dubai International Convention and Exhibition Centre and was inaugurated by Mr Mohammed bin Rashid Al Maktoum the Prime Minister of the United Arab Emirates (UAE) and the Ruler of Dubai.
AIMED has been invited for the formal launch ceremony in Dubai as part of the AP Govt Delegation led by Shri KV Satyanarayana the Andhra Pradesh Health Commissioner.
Speaking at the occasion Shri Satyanayarana said, "There is a congenial environment prevailing in Andhra including best industrial policy, 24x7 power supply and 10 lac acres of land dedicated to industrial purposes. The recent Central Government announcement of withdrawal of duty concession on import of medical devices and the concession duty on raw materials is very timely for success of our project. This along with the National Medical Devices Policy on anvil will be complemented with our State led incentives to help make AP and India become a medical devices hub in the world."
Shri Gopinath Mg Director of AP Medical Infrastructure Corporation said, "Andhra being the biggest market for medical devices and having large number of medical Colleges and super specialty hospitals is on its way to become the biggest medical hub in Asia. To achieve this objective we have planned dedicated infrastructure for medical device manufacturing faculties."
"We are pleased to be associated with the country's first medical device park. Arab Health Exhibition is a great platform to launch this project. It will assure global attention and interest and will go a long way in making this unique project a huge success," said Mr Rajiv Nath, forum coordinator, Association of Indian Medical Device Manufacturers (AIMED)
It may be known that AP government has already earmarked 200 acres near Vishakhapatnam to build countries first and among the world's most advanced medical device manufacturing park. In a global first for any manufacturing park, this park will have a dedicated research, development and incubation centre to ensure that country becomes a global leader in chosen niche medical device verticals.