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Role Of
Industrial Parks For The
Growth Of Indian Medical Device Industry
Industrial Parks – Definition and
Roles
According to the United Nations
definition, “Industrial Parks (IPs) are the small and
middle size organizations that have integrated business
and production, benefiting from the common infrastructure
services that have allocated in standard fabric
buildings”.
Globally Industrial Parks have been
found to an important method of industrialization.
Vision Of Department Of
Pharmaceuticals, Ministry Of Chemicals & Fertilizers,
Government Of India.
The vision is to promote Indian Medical
Device Industry as the global leader for quality medical
devices and to ensure availability, accessibility and
affordability of medical devices in the country through
promoting make in India vision of the honourable Prime
Minister of India.
One of the focus area is promoting
Medical Device Parks with a view to achieve following
objective and benefits:
The Government has already decided to
offer grant-inaid of 13.5 USD million each to 4 Medical
Device parks.
On and above the already developed
Andhra Medical Technology Zone ( AMTZ ), number of states
in the country including Tamil Nadu, Gujarat, Kerala,
Telangana, Rajasthan etc. are already in process of
implementing Medical Device Parks.
Common Infrastructure Facilities In
Medical Device Parks
Some of the common infrastructure
facilities identified by the Government include :
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Component Testing Centre/ESDM/PCB/Sensors facility
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Electro-magnetic interference & Electro Magnetic
Compatibility Centre
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Biomaterial / Biocompatibility /Accelerated Aging testing
centres
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Medical grade moulding / milling / injection moulding /
machining / tooling centres
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3D designing and printing for medical grade products
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Sterilization/ETO/Gamma Centres
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Animal Lab and Toxicity testing centres
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Radiology Tube/Flat Panel Detectors/MRI Magnets/
Piezoelectrical crystals/power electronics facility
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Centre of Excellence/Technology Incubator/ ITI/Training
Centres
Why Medical Device Parks ?
Industrial Parks provide incentives to
the entrepreneurs by reducing the challenges of where and
how to begin, produce etc. In other words, entrepreneurs
can invest fast and can enter the market with minimal
biases. For the developing countries, Industrial Parks are
rather more important and beneficial than the developed
nations.
Eventually, Industrial Parks lead to
significant regional development in all locations where
they have come up; besides it has also been noticed that
in the long run, IPs have revived the stagnation in the
regions by accumulating and providing more employment and
promoting balanced economic growth. Once implemented, the
park in addition to operations and maintenance of the
facilities, can cater to up gradation of skills,
technology, manpower training, common sourcing and
marketing as its next level of activities.
There can also be product linkages with
and another unit in the sense different units in the
cluster making components for a product while another at
the end assembling the entire unit of product intended to
be marketed as the final product.
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