News Update

Country’s First Medical Device Park “A dream Come true “ Andhra Pradesh CM,Naidu laid foundation stone

MEDGATE TODAY

19/08/2016

Medgate today Magazine

• CM Chandrababu Naidu along with Venkaih Naidu, Ananth Kumar, YS Chaudhary,Dr.Jitendar sharma(CEO,AMTZ) WHO Representative Mr Henk Benkedam lays the foundation of exclusive park near Vishakhapatnam.

• It’s a big milestone for the country and especially for the medical device industry. We at AiMeD are extremely happy that our efforts have fructified into this momentous occasion. This facility will help India catapult into the league of top medical equipment producing countries in the world and help bring down overall healthcare cost while ensuring tremendous saving in terms of foreign exchange - Rajiv Nath

• Medical device manufacturing could be the next big thing for Indian economy after the IT revolution – Rajiv Nath

Vishakhapatnam : The Foundation Stone of India’s first exclusive medical device manufacturing park - Andhra Pradesh MedTech Zone - was laid today at Nadupur village of Pedda Gantyada Mandal in Vishakhapatnam by Andhra Pradesh Chief Minister Shri Chandrababu Naidu in the presence of Union Ministers Shri Venkaih Naidu, Shri Ananth Kumar, Andhra Health Minister Shri Kameini Srinivas, WHO Representative Mr Henk Benkedam, representatives of Indian medical device industry including Shri Rajiv Nath and a galaxy of other notable personalities.

AMTZ, the 270-acre exclusive manufacturing zone is the result of MoU signed between the state government and AiMeD nine months back with a view to promote manufacturing of hi-tech and high-end medical devices within the country with a view to encourage domestic manufacturing, reduce India’s humungous import dependency in medical devices, generate quality employment and bring down overall healthcare cost for average citizen. The exclusive tech zone will have the state-of-the-art and the best global facilities for R&D, manufacturing, testing, export & regulatory facilitations and logistics.

“ We will reduce the cost of healthcare with local production of Medical Devices , We will create common infrastructure for you - the local Industry of world class and assure you of all clearances within 15 days ...." said Mr Chandarababu Naidu "The AMTZ project will be a game changer for India in the field of Healthcare and is very Good News ! This has global consequences, from being Pharmacy of the World to being the Medical Devices Manufacturing Hub of the World "said WHO India Representative Mr Henk Bekedam

AMTZ will reduce import dependency and promote exports in manner that is unprecedented - said CEO of AMTZ Dr Jitendar Sharma who is leading this project from the forefront. The senior team consists of some of the best minds in the space - Dr Pankaj Parashar( VP- technical); Manish Gangal ( VP- operations); Deepak Agarkhed ( VP- Planning) ; Vipin Ramachandran ( VP- Finance) and Nitin Bharadwaj ( VP-HR and Admin) “The launch of AMTZ is the dawn of a new era in the history of Medical Devices and Electronic industry in India. We at AiMeD are extremely happy that our efforts have fructified into this momentous occasion. We profusely thank Shri Chandrababu Naidu and Central Government for sharing our vision and wishing India to be among the top 5 medical device manufacturing hubs of the world. We at AiMeD applaud Mr Naidu’s leadership and his teams for taking steps to turn this into a reality within 9 months of our initial discussions with him last November,” said Mr Rajiv Nath, Forum Coordinator, AiMeD.

“Medical device manufacturing could be the next big thing for Indian economy after the IT revolution. This facility is not only a big milestone for the country which will catapult India into the league of top medical equipment producing countries in the world but equally important it will help bring down overall healthcare cost while ensuring tremendous saving in terms of foreign exchange,” pointed out Mr Nath.

The presence of a galaxy of Union Ministers and State Ministers from Andhra, Senior Officials and who’s who from the medical device industry indicates the support AMTZ and medical devices industry has drawn.