Going steady with accumulation of investments into electronics, retail and manufacturing, Andhra Pradesh now takes the new tangent towards the medical equipment manufacturing industry. To this effect, CM Sri N Chandrababu Naidu now calls on all the medical equipment manufacturers to the state.
In a meeting with Medical Equipment Manufacturers’ Forum and union health ministry officials in New Delhi, Chief Minister N. Chandrababu Naidu said that the state government has decided to set up a hub for medical equipment in the state. Vizag will be looked at as the viable destination for the same.
Given that Andhra Pradesh has the advantage of a long coastline and deep water ports, establishing a manufacturing hub near Vizag will be advantageous as the proximity of ports will make it easier to transport equipment, he added. In order to strengthen the sector, the Chief Minister said that the government plans to introduce a policy on medical equipment manufacturing.
Explaining the importance of medical equipment manufacturing, Mr Nath, convener of Medical Equipment Manufacturers’ Forum informed the Chief Minister that in spite of having a market of Rs 16,000 crore, India is currently importing 78% of medical equipment. This, he said, is mainly because of lack of talent and infrastructure.
Owing to the high cost factor of equipment manufacturing and trust on Indian products, Mr Nath suggested setting up common facility of device testing lab.
“What we do in Andhra Pradesh will not only cater to Indian market but to the entire world,” he added.
The Chief Minister also invited the delegation along with Government of India representatives to visit Andhra Pradesh and zero in on suitable locations.