Asia's first medical-device park

Posted on 28 May 2016 and read 512 times
Asia's first medical-device park Andhra Med Tech Zone (AMTZ) — a company established by the government in the Indian state of Andhra Pradesh — has received the formal registration that will kick-start establishing Asia’s first dedicated medical-device park.

Located in 226 acres at Visakhapatnam, the park will have all the facilities required to ensure optimised manufacturing costs, including specialised laboratories, warehousing and testing centres, as well as
100-150 independent manufacturing units.

Medical-device development and manufacturing requires certain high-cost facilities that are too capital-intensive for individual manufacturers to justify, but a park with in-house ‘high-investment’ scientific facilities could help manufacturers reduce the cost of manufacturing by as much as 50% — or possibly more.

The centrally located common facilities as proposed by AMTZ will support the manufacture of high-end medical devices aimed not only at import substitution but also at creating export opportunities.

India’s medical-device industry is worth about $9 billion; the country’s import bill for this segment is about $3.45 billion, so a dedicated medical-device park would significantly reduce import dependency and increase exports (currently a little over $1 billion), while generating wealth and employment.

Be seen in all the right places!

MTA 2017 ReTEC 2017 Intermach 2017 Metaltech 2017 Subcon 2017 MTA Vietnam 2017 IMTOS (India Machinne Tools Show) 2017 MTA Hanoi 2017 Advanced Engineering UK 2017 EUROTOOL 2017 Engimach 2017 MACH 2018

Machinery-Locator
The online search from the pages of Machinery Market.

1997 Mazak VTC 20 C
Vertical Machining Centre

Mazatrol M-Plus Control
Travels X/Y/Z 1660/510/510 mm
Rapids X/Y/Z 24
Vertical Machining Centre Mazatrol M-Plus Control Travels X/Y/Z 1660/510/510 mm Rapids X/Y/Z 24...
MazMac Ltd