India’s dream of producing low-cost diagnostic equipment may soon become a reality

India has been a leader in manufacturing vaccines, manufacturing over 60 per cent of the vaccines in the world, this will be a step ahead in the same field,” sources said. The proposal of setting up first-of-its-kind unit at Chengalpet in Chennai is likely to come to the Cabinet for approval this Wednesday.”To be set up in 230 acres of land in Chengalpet, the park will have separate zones based on the product type and category and for captive vendors. Widening the manufacturing base of these equipment in the country would ultimately result in quality healthcare solutions at affordable costs.Officials say that Medipark is first sector specific infrastructure initiative in providing support for the promotion of medical equipment.According to the experts, though India is one of the fast-growing bases in developing cutting-edge technologies in medical equipment and diagnostics, the manufacturing base for the same in the country is narrow. “Investor services in Medipark are designed to provide single window assistance in regulatory compliance, licensing, statutory approvals and legal aspects.With an aim to provide world-class medical devices, the medipark, to be developed by HLL Lifecare Limited —a Government of India enterprise, will have facilities to guide, help and assist investors for a faster market access..India’s dream to produce low-cost diagnostic devices may soon become a reality, with the proposal to set up a Medipark that will provide infrastructure support for the promotion of medical equipment likely to take off soon. Common infrastructure facilities planned in Medipark also include logistics hub, exhibition and trade centres, training and development facilities etc,” stated S. Ravindra, CEO, Medipark. To make things easier for organisations to set up their units in the field of medical equipment and diagnostic services, the park will have common infrastructure facilities for incubation and testing. “The ambitious project holds the key for bulk manufacturing. Once operational, public health experts say that it will help developing medical devices indigenously and further help bringing down out of pocket expenses. “70 per cent of the treatment decisions taking place are based on diagnostic results, substantial portion https://www.roomeye.cc/product/casement-window/alu-casement-window.html ALUMINIUM CASEMENT WINDOW Manufacturers of the healthcare expense is on account of diagnostic equipment usage and consumables.