Medical Device Parks

Promotion of Medical Devices Parks. The objectives of the Scheme are as under:

• Creation of world class infrastructure facilities in order to make Indian medical device industry a global leader.
• Easy access to standard testing and infrastructure facilities through creation of world class Common Infrastructure Facilities for increased competitiveness will result into significant reduction of the cost of production of medical devices leading to better availability and affordability of medical devices in the domestic market.
• Exploit the benefits arising due to optimization of resources and economies of scale.



Four Medical Devices Parks will be supported under the Scheme and the total financial outlay is Rs.400 crore between the Scheme duration of 6 years from FY 2020-21 to FY 2025-26.