1) The document discusses investment opportunities in the medical devices sector in Himachal Pradesh, India. 2) It notes that Himachal Pradesh has a population of 0.68 crore with high literacy and life expectancy rates. The state has a GDP of 1.56 lakh crore and per capita income of 1.83 lakh annually. 3) A key opportunity mentioned is an upcoming 265-acre Medical Devices Park in Nalagarh, Solan that will offer tax and electricity incentives as well as common facilities like testing labs to attract investment in various medical device categories.

1. Investment Opportunities in
Medical Devices Sector in
Himachal Pradesh

2. References:*(2011 census)
Himachal Pradesh at a Glance (1/2)
S No. Indicators
Himachal
Pradesh
India
1 Population (in Cr) 0.68 121.01
2 Literacy rate (in % ) 82.80 74.0
3 Male Literacy rate (in % ) 89.53 80.90
4
Female Literacy Rate
(in %)
75.93 64.60
5 Sex ratio 972 943
6 Life Expectancy
(2010-15)
72 68.3
7 Infant Mortality Rate
(2018)
19 32

3. Himachal Pradesh at a Glance (2/2)
► Size of States’ Economy (at current prices): ₹ 1.56 lakh Crore (FY-21)
► Per Capita Income (at current prices) : ₹ 1.83 Lakh per annum (FY-21)
► 25% Export growth during the COVID year with export footprint in more than 60 countries
Economic Indicators
► 7th in Ease of Doing Business ranking by DPIIT
► 3rd in country and 1st in Northern States in Human Development Index
► 2nd in Sustainable Development Goals (SDG) India Index (FY-21)
► 1st among ‘North-Eastern/Hill States’ in India Innovation Index 2020
► Best performing in Bio-Medical Waste Management by CPCB (2020)
Key Achievements

4. Advantage Himachal
Upcoming
Sector
Specific Parks
Asia’s
Largest
Pharma Hub
Harmonious
Industrial Relations
Proactive and Accessible
Administration
Affordable
Land Cost
High Quality &
Affordable
Power
Proximity to
300 million
consumers

5. Regular Online Tracking of
new projects by CM Office
Dedicated Nodal Officers
for projects above ₹ 50 Cr.
GIS Enabled Mapping
of Industrial Land
Self-certification for setting-up
of MSMEs
Ease of Doing Business
Single Window Clearances System and
online approval with Integration of 90+
services of 20 + Line Departments

6. Industrial Scenario
❑ Manufacturing sector Contributes 30% to State GDP
❑ Meets 35% of Asia’s Pharmaceuticals Demand
❑ Presence of 25+ Global Corporate and MSMEs are 99% of
total Industry in the State
❑ 66 developed Industrial Areas/ estates, 3500+ acres of
Industrial Govt land bank
❑ State as emerging Export Hub: ₹ 12,313 Cr in FY (21)
❑ National Industrial Corridor Development (NICDC) approved
development of Integrated Manufacturing Cluster (IMC) at
Baddi Barotiwala Nalagarh Industrial Area (BBNIA) as Node
under Amritsar Kolkata Industrial Corridor (AKIC) Project
❑ Policy Support – Liberal incentives for MSME & Customized
package of incentives for Mega Projects.

7. Upcoming Medical Devices Park (duly approved by DoP, GoI)
Area - 265 ACRES
MEDICAL DEVICES PARK
NALAGARH, DISTT: SOLAN
MEDICAL DEVICES
MANUFACURING SECTOR
AN INITIATIVE OF MAKING INDIA
SELF – RELIANT IN
NH 205
8 KMS
GHANAULI RAILWAY
STATION - 9 KMS
AIRPORT
CHD 50 KMS
❑ Proximity to 300 million consumers
❑ Presence of premier academic institutes such as:
IIT-Mandi, NIT-Hamirpur, IIM-Sirmour, IIIT-Una & National
Institute of Pharmaceutical Education and Research
(NIPER) – Mohali, Centre of Innovation and Bio Design
(CIBioD) PGIMER, Chandigarh
❑ Availability of skilled Manpower from over 365 technical
institutions
❑ Availability of Supporting Infrastructure within 20 km
radius such as:
ICD Baddi, CETP, CIPET, MSME Technology Centre, Skill
Development Centre, Gas Pipeline, Hostels, Recreational
facilities etc.
Locational Advantages

8. Key Incentives / Concessions for investors in Medical Devices Park
Land:
❑ Land @ ₹ 1/ sqm
❑ Stamp Duty & Registration Fee
Exempted
Power:
❑ Electricity Tariff @ ₹ 3/ unit
❑ Electricity Duty Exempted
Tax:
❑ 70% of Net SGST
Reimbursement
Proposed Common Infrastructure Facilities
with ₹100 Cr Grant-in-Aid from DoP, GoI
❑ Rapid Prototyping & Tooling Lab
• 3D printing technologies
• CNC machines
❑ Testing & Certification Labs
• EMI-EMC testing capabilities for
safety, reliability, radiation etc.
• Sterility and Toxicity Testing
• Biocompatibility and Biomaterial
testing
❑ Others
• Skill Development and Training
centre
• Flatted Factories as Plug & Play
Infrastructure
Fiscal Support:
❑Central Capital Investment
Subsidy@ 30% of P&M with
maximum cap of ₹ 5 Cr.
❑ Interest Subvention @ 7% with
maximum cap of ₹ 51 Lakhs per
year
❑ Transport Subsidy @ 3% of
annual turnover with maximum
cap of ₹ 30 Lakhs per year
Other Utilities:
Zero charges on
❑ Water
❑ Warehouse
❑ Park Maintenance

9. Key Investment Opportunities in Medical Devices Sector
• Anaesthetics & Cardio-Respiratory
medical devices
• Renal Care Medical Devices
• All Implants (including implantable
electronic devices)
• Cancer care Medical Devices
• Radiotherapy medical devices
• Radiology & Imaging medical devices
(Ionizing & Non-Ionizing)
• Nuclear Imaging Devices
• Operation and Maintenance of Common Infrastructure Facilities in PPP
1st
3rd
2nd
4th
5th

10. Let’s together make
the ‘Dev bhoomi’
the ‘Karam bhoomi’
for future generations