Madhya Pradesh’s first medical device manufacturing park may come up at Vikram Udyogpuri inUjjainunder the central government’s scheme, ‘Promotion of Medical Devices Parks’, aimed at boosting Health and reducing cost of medical devices.
The State Government has identified around 200 acres at Vikram Udyogpuri in Ujjain for developing the medical device park. A detailed project report will be sent to Centre by December.
Initially, the state government had proposed over 300 acres in Hoshangabad district for setting upmedical devices park. But the Centre suggested considering an alternate location near Delhi-Mumbai Expressway.
In the country, four states – Madhya Pradesh, Himachal Pradesh, Tamil Nadu and Uttar Pradesh – have been given the ‘in-principle’ approval by the Centre for setting up medical devices park under the scheme for which it will give a maximum assistance of Rs 100 crore to one park.
The state government will give land and contribute in remaining development of the park. It also aims to provide electricity and land at subsidized rates to industries. Tenure of the scheme is from financial year 2020-2021 to 2024-2025.
The medical devices park will provide common infrastructure facilities to manufacturers aimed at reducing manufacturing cost and improving affordability of medical devices in the domestic market.