Minister KT Rama Rao at the inauguration of Medical Devices Park in Sangareddy on Saturday| express photo <\/p>\n
HYDERABAD:Pitched as Indias largest, Telanganas Medical Devices Park located on Hyderabads outskirts will not just be limited to manufacturing medical devices but aim at creating an ecosystem where support will be provided for innovation, research & development, and incubation facilities to support entrepreneurship.Inaugurated by Industries minister KT Rama Rao on Saturday, the Medical Devices Park is coming up on 250 acres at Sultanpur village in Patancheru mandal. <\/p>\n
On the first day itself, 50 acres of land was allotted to 14 industries. There is a scope for expanding the Park by another 200 acres. Speaking on the occasion, Rama Rao said that Hyderabad is Pharmaceutical capital of India, worlds vaccine production capital and also has the Genome Valley, and is recognised as a prominent medical tourism destination across Africa and other emerging nations. <\/p>\n
As part of this life sciences spectrum, it is imperative that we also start looking at more innovation, more manufacturing and more opportunities. When we started interacting with large number of manufacturers, players in the ecosystem, we realised it is important to lay foundation for an ecosystem and not just for manufacturing unit. Medical Devices Park is not just a manufacturing facility. What we have here is an ecosystem, Rama Rao said. He added that over 75 percent of the medical devices in India are imported and rest is manufactured in India. <\/p>\n
Irrigation minister T Harish Rao, who was also present at the inaugural event, said at times, when they attend inauguration of nursing homes, they are told that devices such as scanning machines have been brought in from Australia, London or the USA. <\/p>\n
As the Park has come up in Hyderabad, imports will come down, he said. He urged industrialists pto employ locals for semi-skilled and unskilled jobs. If training is required, government is ready to provide it. Please indicate the number of people you need, the kind of skills you want, he said.Rama Rao said MoUs will be inked with internationally renowned Medical Devices Parks in China and Korea. <\/p>\n
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'Medical Devices Park is not just a manufacturing unit, it's an ecosystem' - The New Indian Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Minister KT Rama Rao at the inauguration of Medical Devices Park in Sangareddy on Saturday| express photo HYDERABAD:Pitched as Indias largest, Telanganas Medical Devices Park located on Hyderabads outskirts will not just be limited to manufacturing medical devices but aim at creating an ecosystem where support will be provided for innovation, research & development, and incubation facilities to support entrepreneurship.Inaugurated by Industries minister KT Rama Rao on Saturday, the Medical Devices Park is coming up on 250 acres at Sultanpur village in Patancheru mandal. On the first day itself, 50 acres of land was allotted to 14 industries. There is a scope for expanding the Park by another 200 acres. Continue reading