NOIDA: Oxygen concentrators and other such equipment that would typically be imported until now would be manufactured locally at the state’s first medical device park being built off the Yamuna Highway in Sector 28.

Officials said that apart from concentrators, medical equipment used in orthopedic surgery would also be manufactured here. Oxygen concentrators were imported in large numbers during the second deadly wave of Covid, when people rushed to get cylinders and hospitals sent out SOS. This had led to huge black marketing, with each device selling for Rs 50,000-1 lakh.
According to officials from the Yamuna Expressway Industrial Development Authority (YEIDA), more than 100 companies have expressed interest in setting up units in the first phase of the park, which is billed as the first group of medical equipment manufacturers. in northern India.
Arun Vir Singh, the CEO of YEIDA, said the park will make expensive medical devices affordable in the country. “Of the 173 applications we have received so far for 136 plots in the first phase of the program, only 17 have fully met the criteria. More than half of them are foreign companies. There are 79 companies whose the papers are incomplete. They had time until 5 p.m. Tuesday to complete them,” he added.
The first allocation phase will begin on July 22. A total of 136 plots, ranging from 1,000 to 4,000 m², over 150 hectares would be up for grabs. The total area of ​​the park is 350 hectares.
Officials said these were two main criteria to be eligible for land allocation 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, made up of heads of Ernst & Young private consultants and planning, and industry of YEIDA, has been formed to review applications,” an official said.
The program was prompted by the Center and state governments. Under the Production Linked Incentive (PLI), the park will encourage domestic manufacturing of devices for cancer treatment, radiotherapy, radiology and imaging, anesthesia, knee and spine surgeries , hernias, among others.
Experts said units should make products with the diseases that are on the rise in mind. “For example, the number of cancers has increased although the country is still registering new cases of Covid. Yes, there are companies that manufacture medical equipment, but they do so on a small scale without any incentive. Allocation must be made on an equitable basis. In addition, reputable manufacturers should be preferred,” said an industrialist specializing in medical equipment.