MEDICAL DEVICE PARKS IN INDIA

KERALA MEDTECH PARK

Bio 360°Life Sciences Park (LSP) and MedSpark In Thiruvananthapuram, Kerala

Government of Kerala, through its premier Industrial Promotion agency Kerala State Industrial Development Corporation (KSIDC), is establishing a state- of-the-art Bio 360° Life Sciences Park in 200 acres of land at Thonnackal in Thiruvananthapuram with all support infrastructure facilities, to provide impetus to Life Science Sector.

The Honourable Chief Minister of Kerala has inaugurated the commencement of work of the Medical Devices Park (MedSpark) in a function chaired by the Minister for Industries, held on 24th September 2020, in the premises of the Bio 360º Life Sciences Park, Trivandrum. The Honourable Chief Minister has expressed confidence that with the functioning of the Life Sciences Park and the MedSpark, Trivandrum will position itself as the important hub of Medical devices and Life Sciences industries in the country.

KSIDC, in association with Sree Chitra Tirunal Institute for Medical Sciences & Technology (SCTIMS&T) is jointly developing a Medical Devices Park (MedSpark) at a project cost of Rs. 260 crores, in 9 acres of land in the Life Sciences Park, as a comprehensive entity where medical device innovators can engage in the end to end process of ideation to marketable product. The Medical Devices Park (MedSpark) would be focusing innovation in high-risk medical devices mainly implants and extracorporeal devices, the sector in which the SCTIMST has considerable expertise and experience. The proposed medical devices park has unique advantages in terms of its location and involvement of SCTIMST as technology partner, which no other medical devices park in other parts of India can offer. The Med- Spark will have facilities like Prototyping & Incubation Centre, Knowledge Resource Centre, Animal House, etc.

KSIDC has almost completed the land development and basic infrastructure development works of the first phase of the project by providing dedicated power supply system with a capacity of 6MVA, dedicated water supply lines capable of supplying 1 MLD of water, internal road network, drainage system etc.