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TÜV SÜD To Launch Medical Device Testing Lab In Bengaluru

TÜV SÜD has laid the foundation stone for a new state-of-the-art facility for testing and certifying electrical and electronic products and medical devices (active and non-active) to national and international standards in Bengaluru. The new integrated office and lab facility is scheduled for completion in early 2023.

The ground-breaking ceremony was held in the presence of Niranjan Nadkarni, CEO, TÜV SÜD South Asia, South East Asia, Middle East & Africa Region, and Ezhilan Neelan, Senior VP, Product Service, TÜV SÜD South Asia and other South Asia Management Members.

With an investment of €15 million, spanning across three acres and comprising 70,000 sq feet in Phase 1, the new integrated office and laboratory are located in KIADB Hitech Defense and Aerospace Park, Devanahalli, Bengaluru and will be the second lab facility in Bengaluru.

As a result of this investment, TÜV SÜD will be able to offer a onestop testing and certification solution for most electrical and electronic products & medical devices.

KTR Inaugurates 7 Companies In Medical Devices Park

These companies are making a total investment of Rs 265 crore and will generate jobs for around 1,300 people.

Hyderabad: Telangana Industries Minister KT Rama Rao on Wednesday inaugurated seven companies - Promea Therapeutics, Huwel Life Sciences, Akriti Oculoplasty, Arka Engineers, SVP Techno Engineers, Elvikon and Rees Medilife at the Medical Devices Park, supposed to be India's largest facility of its kind, near Hyderabad.

These firms have made a total investment of Rs 265 crore and employment generation for around 1,300 people.

Speaking on the occasion, the Minister noted that since its launch in 2017, the park has received an overwhelming response with about 50 companies setting up their manufacturing and R&D units with an overall investment commitment of Rs 1,424 crore and around 7,000 direct jobs.

He said that just in a span of few years, it has become one of the leading and most attractive R&D and manufacturing destinations for the medical devices companies, despite the setbacks faced by the industry and entrepreneurs during the unprecedented Covid period.

The State government recognised medical devices and diagnostics sector as a high-potential, high growth sector, which presents unlimited opportunities.

"The park also reinforces the government's commitment to strengthen the State's manufacturing capabilities which going forward, will help attract even greater investments in a broad range of medical device product segments ranging from capital equipment, implantable devices, diagnostics, and consumables. We aim to make this park as not just a global factory for the world but a global medtech innovation ecosystem," he said.

KTR said key discoveries, ranging from the development of engineered modified RNA technology, which enabled rapid development of effective Covid-19 vaccines, to bioprosthetic implants to at-home genetic testing kits to cardiac diagnostic tools to handheld ultrasound devices, mobile ventilators, oxygen concentrators, PPEs and other medical supplies, have propelled growth and investments in the sector.

He claimed that Medtronic's largest research and development centre outside the US serves as a testimony to Hyderabad's growing prowess for medtech research in India. The centre has already started making its impact by making significant contributions to the development and testing for robotic assisted surgery system and also in the development of simplified and remotely deployable solution that can help physicians monitor the vital parameters of their patients, no matter where they are, thus ensuring safety and minimising clinician exposure, he said.

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