Andhra Pradesh MedTech Zone Launches Initiatives to Strengthen India's Medical Technology Ecosystem

Vishakhapatnam :Marking the birth anniversary of Dr A.P.J. Abdul Kalam, the Andhra Pradesh MedTech Zone (AMTZ) and itsresearch armthe Kalam Institute of Health Technology (KIHT) launched two major initiatives tostrengthenIndia’s MedTech innovationecosystem. SVL Bioscience Pvt Ltd, a start up based within AMTZ, inaugurated its advanced clean-room facility for manufacturing rapid diagnostic kits fordengue. The company plans to expand production to include multiple parameters, making diagnostic testing more accessible and affordable for the Indian population. Simultaneously, AMTZ unveiled a Thermoforming Technology Centre to support the production of large enclosures and customized components for medical device manufacturers, further enhancing India’s precision manufacturing capacity. Dr Jitendra Sharma, Founder and Managing Director of AMTZ and Executive Director of KIHT, emphasized that India’s next leap lies in transforming scientific innovation into commercial success. He announced plans for a MedTech Capital Fund to help Indian MedTech companies scale and go public, and highlighted AMTZ’s acquisition of a World Trade Centre (WTC) license making it the world’s only cluster hosting both a WHO Collaborating Centre and a WTC.