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ANDHRA MED TECH ZONEULTRA MODERN MEDICAL EQUIPMENT MANUFACTURING & TESTING FACILITIES OPEN TO MANUFACTURERS & INNOVATORS
ANDHRA MED TECH ZONEABOUT AMTZ
India’s First Manufacturing Hub for Medical Devices Set up in Visakhapatnam, the port city of Andhra Pradesh AMTZ will be developed in 270 acres of land Industrial park will accommodate around 200 independent manufacturing units Each “built-in ready-to-use” unit size ranges from 0.25 acre to 1 acre size Zone will provide for certain capital-intensive facilities required by most medical device
manufacturers and modern state-of-art-facilities All investment towards land development, and building of common facilities as above
would be done by the Government of Andhra Pradesh through formation of special purpose vehicle (SPV)
ANDHRA MED TECH ZONEFACILITIES
AMTZ would include the following facilities over an area of 50 acres :
Component testing center Electromagnetic interference laboratory Medical-grade low vacuum molding, cabinet molding and injection molding centers 3D designing and printing for medical grade products Sterilisation & toxicity testing center Radiation testing center Warehousing Regulator’s office Other facilities commonly required in the manufacturing of medical devices
ANDHRA MED TECH ZONEAMTZ INFO
The foundation laying ceremony for the park was completed on August 19, 2016 by Honourable CM of AP Shri Nara Chandrababu Naidu.
AMTZ is expected to be operational by the year 2017-2018 AMTZ is very unique project and the first-of-its-kind in the world,” says Dr Jitendar Sharma, CEO
of AMTZ, who is the brain behind this prestigious initiative. He says the project provides as a package of all scientific facilities that are critical to medical device manufacturing.
AMTZ with in-house high investment scientific facilities would help manufacturers reduce the cost of manufacturing by more than 40 to 50 per cent.
AMTZ is adopting the cluster approach, where the manufacturers become part of an ecosystem. And to support them, AMTZ is creating scientific, commercial and social infrastructure within the zone.
ANDHRA MED TECH ZONEAMTZ - USP
AMTZ has three main unique selling points (USPs) – scientific facilities, affordable space and plug-and play ecosystem,” says Dr Poonam Malakondaiah, Principal Secretary, Department of Health and Family Welfare, Government of Andhra Pradesh, who is the Chairperson of the Board of Directors of the Andhra Pradesh MedTech Zone.
Dr Poonam Malakondaiah says AP Govt set following goals for AMTZ & to achieve them in five years. To build AMTZ as Indian Hub in medical device manufacturing; To make AMTZ ,in its core area, as Asian Hub while competing with other esteemed Asian market
leaders – China, Korea, Taiwan, etc; and To reach the prestigious status of Global Hub. Here AMTZ will not only have to compete with the
South East Asian nations but also contend with global markets such as – Russia, Germany, Italy, France, USA, etc.”
ANDHRA MED TECH ZONETIMELINES
Overall, no medical device manufacturing zone, that is exclusive for medical devices, exists in the world as large as AMTZ . They all exist in a large zone where medical device manufacturing is a small portion like in the case of Shanghai MedTech Zone in China or Jebel Ali Trade Free Zone in Dubai.
Govt of AP is committed to complete the physical infrastructure of the park and make it ready as Plug and play factory space within one year from the time of inauguration i.e October, 2017
The participating companies in AMTZ will need at least 6 to 12 months to set up their assembly units and start operations. Hence, AMTZ would be operational by the beginning of 2018.
It is estimated that Rs 400 to 500 crore would be the cost of project establishment approximately.
ANDHRA MED TECH ZONEWHY VIZAG
The proximity to port is a key factor to the success of medical equipment sector, given that many components are imported and heavy machinery in the form of finished goods are exported. For instance, the location of Shanghai MedTech Zone in China is next to the port.
For a country like India where currently a large proportion of the spare parts and equipment is imported, port connectivity is critical.
Heavy machineries like MRI and CT scanners are transported to their destined country through waterways. Fortunately, AMTZ is not only close to water port, but also to the airport and the highway. The surrounding
part of AMTZ is a mountain area which will prove crucial to its scientific facilities like electro magnetic interference, radiation safety testing and others, which need an isolated environment.
Hence, the geographical location of AMTZ gives the strategic approach to port, airport and highway which is critical, while the landscapes makes it more valuable and can be exploited for various characteristic requirements.
ANDHRA MED TECH ZONEWAY FORWARD
AMTZ has strategized year-wise outlook for AMTZ as follows :
Between first and second year, the interested manufacturers in AMTZ will set up their assembly units. The first year will go for us to establish AMTZ and the second year will take manufacturers to set up their brand-specific interior assembly units.
Between third and fourth year, the AMTZ will be established into a manufacturing hub that will be able to meet the medical device requirement in India.
It is expecting over 200 to 300 manufacturing factories in AMTZ, each worth Rs 50 crore. On average, it means total factories worth Rs 15,000 crore. The total import dependency of India is Rs 24,000
crore. In the fifth year, it will exceed the capacity to meet the entire domestic requirement while also trying to be
exporter in the global market.
ANDHRA MED TECH ZONEINVESTORS BROCHURE
Download AMTZ Investors Guide from here - http://bit.ly/2bB0S8u
ANDHRA MED TECH ZONECONTACT POINTS
Shri NandagopalSecretary Andhra Chamber of Commerce
Shri P. Nandagopal , Secretary Andhra Chamber of Commerce. "Velagapudi Ramakrishna Bldg.", 23, Third Cross Street, West CIT Nagar, Nandanam, Chennai-600035 Phone: 24315277/78 Mob:9840064295 Email: [email protected], [email protected] Web: www.andhrachamber.com
Mrs. Rama VenugopalChairman - Women Entrepreneurs Sub CommitteeAndhra Chamber of Commerce
Mrs .Rama VenugopalExecutive DirectorM/s.Value Added Corporate Services P Ltd "VANITHA", No 5, Third Avenue, Besant Nagar, Chennai – 600090Ph:+91 044 24462337/38|Email: [email protected]| http://www.valueadded.in
ANDHRA MED TECH ZONE
THANK YOU