Department of Pharmaceuticals accords approval to four states under Promotion of Medical Devices Park scheme
New Delhi: Facilitating the development of the medical device sector, Department of Pharmaceuticals (DoP), Government of India has recently accorded approval to four states under the scheme 'Promotion of Medical Devices Park'.The approval has been accorded to Madhya Pradesh, Tamil Nadu, Himachal Pradesh and Uttar Pradesh.Following are the details of the approval accorded to the states under...
New Delhi: Facilitating the development of the medical device sector, Department of Pharmaceuticals (DoP), Government of India has recently accorded approval to four states under the scheme 'Promotion of Medical Devices Park'.
The approval has been accorded to Madhya Pradesh, Tamil Nadu, Himachal Pradesh and Uttar Pradesh.
Following are the details of the approval accorded to the states under the scheme "Promotion of Medical Devices Park":
| SI. No | Name of the State accorded approval | Location of the Park | Area of the Park, as proposed by the State (in acres) | Total project cost (in cr.) | Common Infrastructure Facilities (CIF) cost to be covered under the Park Scheme (in cr.) | Maximum Grant-in-aid under the Scheme (in Cr.) | Physical Infrastructure cost (to be borne by the state) (in Cr.) | Total amount to be borne by the State (State contribution for CIF and Physical Infrastructure) (in cr.) |
| 1. | Madhya Pradesh | Pithampur-Dhar-Mhow Region, Vikram Udyogpuri Limited, Ujjain District | 360.06 | 222.77 | 155.63 | 100 | 34.47 | 122.77 |
| 2. | Tamil Nadu | Oragadam Industrial Corridor, Vaipur & Mathur villages, Kancheepuram District | 350.00 | 212.40 | 153.33 | 100 | 59.07 | 112.40 |
| | Himachal Pradesh | Baddi Barotiwala Nalagarh (BBN Area), Tehsil Nalagarh, Solan District | 265.75 | 349.83 | 157.64 | 100 | 192.19 | 249.83 |
| 4 | Uttar Pradesh | Sector 28 of YEIDA Phase I, Gautam Buddh Nagar District | 350.00 | 435.94 | 214.17 | 100 | 221.77 | 335.94 |
Recognizing the need for higher levels of investments for the creation of proper infrastructure in the sector, the Department of Pharmaceuticals had notified the Scheme for "Promotion of Medical Device Parks" with the following objectives:
a. 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.
b. Reaping the benefits arising due to optimization of resources and economies of scale.
To view the full notice, click on the following link:
https://medicaldialogues.in/pdf_upload/medicald-device-174240.pdf
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