Hyderabad emerging as capital for medical devices in India: KTR

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Hyderabad has contributed to the development of vaccines in the Corona epidemic that has made the country and the world as the life science capital and the world is being strengthened with each passing day. Telangana Industries Minister KT Rama Rao said that while the contribution of the city and states to vaccines and pharmaceuticals is unmatched, the city is also emerging as India’s medical equipment capital.

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Speaking at the inauguration of Medtronic’s largest R&D facility (MEIC) outside Hyderabad in the US, the minister said, the state which established the country’s largest medical equipment park in Sultanpur (near Hyderabad) in 2017 Has attracted units setting up 40 companies. .

It should be noted here that the minister said that Medtronic has joined the marquee list of companies that have made Hyderabad its second largest home outside its headquarters which includes Amazon, Google, Facebook, Microsoft, Apple, Uber, Salesforce and Novartis are included. Joel Riffman, US Consul, Hyderabad, said on the occasion, “Hyderabad is a strong talent pool, vibrant science and technology ecosystem, leading research institutes, with the availability of choice for IT, life sciences, aerospace and defense sectors. Has emerged as a destination. Laboratory space and subsidiary government policies. The initiative of the state will help accelerate the development of these important areas. ”

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