TechnoProve success stories:

PART-2 – Expanding the model :

Government of India has identified the medical devices as a priority sector for the flagship Make in India / Atmanirbhar Bharat program and is committed to strengthen the manufacturing ecosystem. India is the fourth largest medical devices market in Asia. Estimates indicate that we import 70 to 75% of our medical devices. The Production Linked Incentive Scheme (PLI) and Promotion of Medical Devices Parks Scheme, are two important schemes recently announced.

Promotion of Medical Device Parks

Promotion of Medical Device Parks aims to strengthen the infrastructure base and develop a robust manufacturing ecosystem for medical devices in the domestic market. Financial assistance up to Rs. 100 crore each is proposed to be provided for the creation of common infrastructure facilities in 4 Medical Device Parks. Applications from many States and UTs are under scrutiny right now for these 4 slots. But medical devices is a hightech engineering technology driven segment and hence expanding indigenous manufacturing on a large scale will have to depend on indigenous technology and know-how.

But where will these technologies be developed to support large scale manufacturing ?

It is clear that for indigenous medical device manufacturing to grow and expand, we need indigenous know-how coming out as the fruits of our R&D investments. So, this requires substantial Capacity Building in the country on a longer term of 10 to 20 years together with targeted development of high priority medical devices and instrumentation.

Centres of Technology Proving (CoTP) for building capacity for translational research and targeted device development as a partnership between Academia, industry and user needs to be created in these Medical device parks.

ORGANISATION & CONSTITUTION OF CoTP