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AMTZ inks pact with common scientific facilities service providers for India’s first medical devices park
Shardul Nautiyal, Mumbai | Monday, June 26, 2017, 08:00 Hrs  [IST]

Andhra Pradesh MedTech Zone (AMTZ) - India’s first medical devices manufacturing park inked formal agreements with the various scientific facilities which will be housed within the country’s first Medical Technology Manufacturing Park spread over 270 acre.

These facilities include Centre for Electro-Magnetic Interference/ Electro-Magnetic Compatibility (EMI/EMC) and Electrical Safety Testing (EST), Centre for Biomaterials Testing, Centre for X-ray and CT Scan Tube Manufacturing, Centre for 3D Designing, canning, Printing, Rapid Prototyping & Tooling, Centre for Gamma Irradiation and AMTZ Central Warehouse.

AMTZ shall be partnering with TÜV Rheinland India for the EMI/EMC & EST as well as the Biomaterials Testing Facilities, CURA Healthcare Pvt. Ltd. for the Centre for X-ray  and CT Scan Tube Manufacturing, think3D for the Centre for 3D Designing, canning, Printing, Rapid Prototyping & Tooling; MICROTROL Sterilisation Services Pvt. Ltd. for the Gamma Irradiation Centre and Balmer Lawrie & Co. Limited for the Central Warehouse.

TÜV Rheinland India, a subsidiary of TÜV Rheinland Group, Germany, a worldwide leader in Testing, Training, Inspection, Consulting & Certification was represented by Thomas Fuhrmann, managing director, TÜV Rheinland India. CURA Healthcare Pvt. Ltd. was represented by its CEO, M. Balasubramaniam; Prudhvi Reddy, Co-founder, think3D; Vikram B. Kalia, director, MICROTROL Sterilisation Services Pvt. Ltd. and K. Swaminathan, director (Service Businesses), Balmer Lawrie & Co. Ltd. were present on the occasion.

Complementing the above-mentioned ecosystem, AMTZ has firmed up strategic tie-ups with industry associations including Association of Indian Medical Device Industry, Andhra Chamber of Commerce, GMDN Agency, India Angel Network, PHD Chamber of Commerce and Industry, Quality Council of India, UNITED ASIA and World Association for Small and Medium Enterprises; BIORx Venture Advisors Private Limited, HDFC Bank & NTrust Insurance Broking Services for Financial & Specialised Insurance services; Cerner Healthcare Solutions, Hibiscus Consulting, IZiel Healthcare, MarksMan Healthcare Solutions, Meshayu Consultants Private Limited, National Hub for Healthcare Instrumentation Development (NHHID), Operon Strategist and PC Process for Technology Transfer & Regulatory Consulting; monster.com for Human Resource facilitation and eLets Technomedia Pvt. Ltd., Medgate today Magazine and BMJ Noida as media partners. Along with this AMTZ has also launched bookings of office space for manufacturers

The AMTZ with in-house high investment scientific facilities would help manufacturers reduce the cost of manufacturing by more than 40 per cent to 50 per cent. Currently, due to lack of such centrally located shareable facilities, either manufacturers do not undertake production of technologies requiring them or send their products abroad for process up-gradation and value addition. While the zone 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.

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