Andhra Pradesh MedTech Zone (AMTZ)
A 270-acre zone under the Government of Andhra Pradesh, dedicated to medical device manufacturing: a true one-stop solution.
India’s one-stop solution for medical device manufacturing
Andhra Pradesh MedTech Zone Limited (popularly known as AMTZ) is an enterprise under the Government of Andhra Pradesh: a 270-acre zone dedicated to medical device manufacturing.
The objective behind this ‘One-Stop Solution’ is not only to reduce the cost of manufacturing by up to 40% or to simplify end-to-end operations, but also to reduce import dependency, which is presently around 75%.
AMTZ envisions putting India on the global map of high-end medical equipment production, and making healthcare products affordable and accessible not only for India but for the world at large.
- 270acres dedicated to medical device manufacturing
- 40–50%lower manufacturing cost with shared facilities
- ~75%import dependency AMTZ aims to reduce
- 2016incorporated and foundation stone laid
Shared high-investment facilities, under one roof
Medical device manufacturing requires certain high-investment facilities that are too capital-intensive for individual manufacturers. With in-house high-investment scientific facilities, the zone helps manufacturers reduce the cost of manufacturing by more than 40–50%.
Without such centrally located, sharable facilities, manufacturers either do not take up technologies that need them, or send products abroad for process upgradation and value addition. AMTZ brings all of these facilities in-house.
Well connected by rail, road, sea and air, close to industrial corridors and the port, to keep logistics costs low.
Milestones
- 30 April 2016AMTZ incorporated
- 19 August 2016Foundation stone laid
- TodayMediValley: the innovation arm of AMTZ
MediValley: the innovation arm of AMTZ
Incubation, labs and mentorship inside the manufacturing zone.