O2 Concentrators, Ortho Surgery Tools To Be Made At Med Park, Health News, ET HealthWorld

Uttar Pradesh: Oxygen concentrators, ortho surgery tools to be made at medical park

Noida, oxygen concentrators and different such tools that will normally be imported to date could be manufactured indigenously within the state’s first medical machine park that’s being constructed off the Yamuna Expressway in Sector 28.

Uttar Pradesh: Oxygen concentrators, ortho surgery tools to be made at medical park
Officials mentioned that other than the concentrators, medical tools utilized in orthopedic surgical procedure would even be manufactured right here. Oxygen concentrators have been imported in giant numbers in the course of the lethal second wave of Covid, when folks scrambled for cylinders and hospitals despatched out SOSs. This had led to monumental black-marketing, with every machine promoting for Rs 50,000-1 lakh.

According to officers within the Yamuna Expressway Industrial Development Authority (YEIDA), greater than 100 firms have proven curiosity in establishing models within the first part of the park, which is being billed as the primary such cluster of medical tools producers in north India,

Arun Vir Singh, the YEIDA CEO, mentioned the park would make pricey medical units reasonably priced within the nation. “Of the 173 applications we have received so far for 136 plots in the first phase of the scheme, only 17 have fully met the criteria. More than half of these are foreign companies. There are 79 companies whose papers are incomplete. They have been given time till Tuesday 5pm to complete them,” he added.

The first phase of allotment will start on July 22. A total of 136 plots, ranging from 1,000-4,000sqm, across 150 hectares would be up for grabs. The total area of ​​the park is 350 hectares.

Officials said they were two main criteria for being eligible for land allotment under the scheme. “Companies that have a medical license and have been manufacturing equipment for at least two years will be considered for the draw. A four-member committee, comprising officials of private consultants Ernst & Young, and from the planning, finance and industry wings of YEIDA, has been formed to scrutinise the applications,” an official said.

The scheme has been incentivised by the Center and state governments. Under the Production Linked Incentive (PLI), the park will promote the domestic manufacturing of devices for cancer care, radiotherapy, radiology and imaging, anaesthetics, knee and spinal surgeries, hernia, among others.

Experts said the units should manufacture products keeping in mind the diseases that see a surge. “For instance, cancer numbers have been on the rise although the country is still seeing new Covid cases. Yes, there are companies that are manufacturing medical equipment, but they are doing it at a small level in the absence of any incentives. The allotment should be done on a fair basis. Besides, reputed manufacturers should be given preference,” mentioned an industrialist dealing in medical tools.

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