Medical Device Park
The Government of Uttar Pradesh (“GoUP”) has envisaged development of a Medical Device Park at Sector 28, YEIDA. Recognizing the growth potential of the healthcare market in India, the government has launched initiatives such as Make in India campaign, special incentives for setting-up manufacturing plants at medical device parks, and fast clearance and approvals, to promote the conducive investment environment and boost FDI in medical devices through greenfield, brownfield, and strategic entry options. Yamuna Expressway Industrial Development Authority (YEIDA) has been nominated as State Implementing Agency for the project of Uttar Pradesh Medical Device Park
Government of Uttar Pradesh has initiated work towards development of dedicated Medical Device Manufacturing Park in YEIDA region. This park will be North India’s first dedicated medical device park, which will be spread over 350 acres. Under the banner of the Uttar Pradesh Medical Device Park, the park is conceptualized to address to the key concerns of Indian manufacturers which primarily include access to cost effective testing and scientific facilities. This park will help reduce the cost of manufacturing, making indigenous manufacturers more competitive and enhance the quality of Indian products.