KTR Throws Open Country’s Biggest Medical Device Industrial Park | Nearby News
Home
Newsletters
Stories
Events
LifeStyle
Business
Administration
Politics
Entertainment
Startups

Hyderabad

KTR Throws Open Country’s Biggest Medical Device Industrial Park
Promea Therapeutics, Huwell Life Sciences, Akruti Oculoplasty, Arka Engineers, SVP Techno Engineers, Elvicon, and Deesmedilife will have their factories working
G
Guru Prasad
Hyderabad
Wed Dec 15 2021
share via :
KTR Throws Open Country’s Biggest Medical Device Industrial Park
A -
A +

December 15, 2021, marks a big day in the pharma segment of Hyderabad city. Already known as the pharma hub world over, the country’s biggest medical device industrial park will be open from today. The complex has come up on the outskirts of the city in Sultanpur, which will house seven medical device industries. The project was started about four years back when KTR laid the foundation for the same.


Promea Therapeutics, Huwell Life Sciences, Akruti Oculoplasty, Arka Engineers, SVP Techno Engineers, Elvicon, and Deesmedilife will have their factories working here. With this launch, Hyderabad is no longer just a pharma hub. It has become the hub for medical devices too.


Various devices required in the medical field, such as care devices, vitro diagnostic apparatus, Alzheimer’s, ocular implants, surgical, dental implants, dressing, etc., will be manufactured in these newly set-up factories.


Presently, Rs 225 crore investment has been put up for the factories, and they will provide employment to 1300 people directly. However, by the year 2030, the investments will reach up to 1 billion dollars, as per estimates of the Telangana government.


The medical devices park will be a step forward in Telangana’s efforts to retain its top position in the pharma sector in the country.


Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City

FOLLOW US

KTR Throws Open Country’s Biggest Medical Device Industrial Park
KTR Throws Open Country’s Biggest Medical Device Industrial Park
Latest Articles
US Chip Design Firm Opens First Development Center In Hyderabad
US Chip Design Firm Opens First Development Center In Hyderabad
Third Wave Effect: Traffic Down By Thirty Percent
Third Wave Effect: Traffic Down By Thirty Percent
After Four Decades Of Neglect, GHMC Focuses On Old City Roads
After Four Decades Of Neglect, GHMC Focuses On Old City Roads
Know Ellas - The Latest Padma Bhushans From Hyderabad
Know Ellas - The Latest Padma Bhushans From Hyderabad
For Second Consecutive Year, Hyderabad Literary Festival Goes Virtual
For Second Consecutive Year, Hyderabad Literary Festival Goes Virtual
Groundwater Levels In Hyderabad 'Critical'
Groundwater Levels In Hyderabad 'Critical'
On National Girl Child Day, Mother Tries To Sell Teen Daughter
On National Girl Child Day, Mother Tries To Sell Teen Daughter
Night Curfew Not Needed: Govt Informs High Court
Night Curfew Not Needed: Govt Informs High Court
Fever Survey: Not For Apartments And Gated Communities!
Fever Survey: Not For Apartments And Gated Communities!
Darwinbox Becomes Hyderabad’s First Unicorn Serving Over 650 Global Clients
Darwinbox Becomes Hyderabad’s First Unicorn Serving Over 650 Global Clients
Related Articles
After Four Decades Of Neglect, GHMC Focuses On Old City Roads
After Four Decades Of Neglect, GHMC Focuses On Old City Roads
Another Urban Forest Park Being Readied For Opening in City
Another Urban Forest Park Being Readied For Opening in City
Telangana Requests for Funds in Union Budget for Development Projects
Telangana Requests for Funds in Union Budget for Development Projects
Clock Towers Being Revived As Part of City Beautification
Clock Towers Being Revived As Part of City Beautification
City's Second Steel Bridge Ready To Ease Traffic Woes
City's Second Steel Bridge Ready To Ease Traffic Woes
Get Entranced At Buddhavanam, Just Three Hours Away From City
Get Entranced At Buddhavanam, Just Three Hours Away From City
Ramanujacharya Statue to Become a World Tourist Site
Ramanujacharya Statue to Become a World Tourist Site
Efforts On To Make Hyderabad’s IT Corridor Pedestrian Friendly
Efforts On To Make Hyderabad’s IT Corridor Pedestrian Friendly
HMDA Plans Big On 26-km Stretch From Raigiri to Pembarti
HMDA Plans Big On 26-km Stretch From Raigiri to Pembarti
10 Development Proposals Approved by GHMC
10 Development Proposals Approved by GHMC
Flyover Getting Ready To Connect ORR and IT Corridor!
Flyover Getting Ready To Connect ORR and IT Corridor!
GHMC Joins Quli Qutb Shah Urban Authority For Beautification of Old City
GHMC Joins Quli Qutb Shah Urban Authority For Beautification of Old City
City to Have Multiple FOBs by February 2022
City to Have Multiple FOBs by February 2022
HMDA Develops 16 Urban Forest Blocks within City and Periphery
HMDA Develops 16 Urban Forest Blocks within City and Periphery
KTR Throws Open Country’s Biggest Medical Device Industrial Park
KTR Throws Open Country’s Biggest Medical Device Industrial Park
Kondapur Flyover Works Creating Problems for Locals
Kondapur Flyover Works Creating Problems for Locals
Subscribe to our Newsletter
Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City
logo
hi@nearbynews.in
Gachibowli, Hyderabad - 500032
nearby news © - 2022