Andhra Pradesh MedTech Zone Ltd
About
The creation of Andhra Pradesh MedTech Zone (AMTZ) is based on the fact that medical devices manufacturing requires certain high investment facilities which are too capital intensive for individual manufactures to invest upon. With a market size of close to $4 billion, 78% of the medical devices in India are imported from other countries. A park with in-house high investment scientific facilities would help manufacturers reduce the cost of manufacturing. While the park would have all such facilities in-house to reduce manufacturing process costs, it would have modern state of art 250-300 independent manufacturing units, each over a builtin ready to use area in 1.00 acres/0.50 acres/0.25acres at a very cost effective long term lease rate for 33 years. Located in an area which is well connected with Railways, Roadways, Waterways and Airways, with presence of Industrial Corridors, Port and Harbour to reduce logistical costs, AMTZ in Visakhapatnam is Indias first medical device manufacturing zone spread over 270 acres.
Products & Services
- Pre-built Manufacturing Units with Plot Size of 0.25 acre, 0.50 acre and 1.00 acre
- Common Scientific & Social Facilities
- Component Testing & Board Manufacturing Centre
- Electro-Magnetic Interference Laboratory
- Biomaterial Testing Laboratory
- Gamma Irradiation Centre
- Medical Grade Low Vacuum Molding, Cabinet Molding, Injection Molding Centres
- 3 D Designing and Printing for Medical Grade Products
- Sterilisation & Toxicity Testing Centre
- Radiation Testing Centre
- Centre for Medical Technology Innovations & Rapid Prototyping
- Regulators Office
- Empaneled Agencies to provide Technology Transfer & Financial Support
- Showrooms & Offices
- Med Tech Expo Hall
- Convention Hall
- Central Warehousing
USP
- One stop solution for Medical Device manufacturers/innovators
- Prebuilt manufacturing units
- Capital Intensive common scientific facilities on pay per use model
- Lower cost for Testing services
- Lower Capex for manufacturers
- Finance and Technology Transfer Services
- Central Warehouse & Logistical Connectivity providing operational efficiencies
- Promotional activities through Med tech Expo Halls, Convention Centre, etc.
- Favourable Tax structure and policy revisions
- Regulators and Export Facilitation
- Preferential Market Access
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