Telangana To Now Set Mark In Medical Device Sector: KTR

Telangana has written its success story in the life sciences sector and now repeating it in the medical devices sector, with 25 companies signing up to set up their plants so far in
6 manufacturing facilities will launch their operations on the same day in July and by December, Sahajanand Medical Technologies (SM), Asia’s largest stent manufacturing facility, will
Speaking on the sidelines of the
Based on feedback from the medical devices industry, the State government is planning to create common testing facilities in Sultanpur in partnership with the industry.
The minister said that of the 276 acres of land at Sultanpur,
He pointed out that the most important thing was to ensure that the manufacturing efforts should lower the costs of medical devices since affordability, accessibility, availability, and awareness among people and government was most crucial in the healthcare segment. As governments focus on healthcare, there can be more and more manufacturing happening in India. As a result, the cost of production would come down.
The minister noted that the most important thing in the medical devices space was innovation, prototyping, and manufacturing. For prototyping, T-Works that is coming up in June/July this year would be of help.
Having T-Works would add value to the overall sector.
He recalled that the government promised to be the industries’ advocate
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