Andhra Pradesh ties up with TUV Rheinland to test medical devicesPublish Date : Jun 16, 2017
HYDERABAD: German technical services provider TUV Rheinland’s Indian subsidiary has partnered with Andhra Pradesh MedTech Zone (AMTZ) to create an infrastructure for Electro-Magnetic Interference (EMI/EMC) at an investment of Rs 85 crore over four to five years.
The public-private partnership is aimed at reducing the medical devices imports and production cost and to help deliver quality medical devices to local market.
Thomas Fuhrmann, managing director, TUV Rheinland India, said, “We have been selected by AMTZ for operation, management and maintenance of Electro-Magnetic Interference (EMI/EMC), electrical safety and biomaterial testing laboratories. These laboratories on a high level will have state-of-the facilities for testing of electrical and electronic products”.
The contract was signed on Friday by Thomas Fuhrmann and.Jitendar Kumar Sharma, director and chief executive officer (CEO), AMTZ.
“As AMTZ is investing on infrastructure and test equipment, it is evident that TUV Rheinland will have a very special price for the medical device manufacturers within the zone. Also, as these world class test facilities are within the zone, manufacturers can use the labs that are available. This would reduce the overall product developmental lifecycle, logistics charges and turnaround time to market,” said Kalyan Varma, vice-president, products, TUV Rheinland India.
He added that TUV Rheinland along with other scientific labs within the zone can act as one stop solution for the manufacturers within the zone to have their products tested and certified as per the newly published medical devices rules 2017 which will come into force from January 1, 2018.
Spread over an area of 270 acres, AMTZ will house 250-300 modern independent manufacturing units as it seeks to reduce the cost of manufacturing medical devices. With a market size of close to $4 Billion, 78% of medical devices in India are imported from other countries.