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Medical Devices park
- 1. TELANGANA Next Big Destination for Medical Devices INVEST TELANGANA www.telangana.gov.in www.tsiic.telangana.gov.inI /investtelangana /InvTelangana Shri K. Taraka Rama Rao Minister for Industries & Commerce, Information Technology, Municipal Administration & Urban Development and NRI Affairs Email: min_prit@telangana.gov.in | Tel: 040-2345 3233, 2345 0455 Shri. Arvind Kumar, IAS Principal Secretary (Industries and Commerce) Email: prlsecy-inds@telangana.gov.in Tel: 040-2345 4449, 2345 2985 Shri K. Manicka Raj, IAS Commissioner of Industries Email: coi.inds@telangana.gov.in | Tel: 040-2344 1666 Shri. E. Venkat Narsimha Reddy Vice-Chairman & Managing Director Telangana State Industrial Infrastructure Corporation Email: vcmd_tsiic@telangana.gov.in | Tel: 040-2323 3596 Shri Shakthi M. Nagappan Director (Life Sciences and Pharma) Email: dir_lifesciences@telangana.gov.in | Mob:+91 77027 78077 touchstoneadvt@gmail.com
- 2. INDIA OPPORTUNITY INDIA An Exciting Healthcare Destination TELANGANA A $50 Billion Life Sciences Ecosystem th Ranked #1 in ease-of-doing business in India, India's 29 and youngest state of India - Telangana has come to be globally known forit's progressive growth agenda, commitment to graft free administration and zero tolerance for corruption. The new revolutionary industrial policy called TSiPASS, which allows for self certification and all required clearances within 15 days stands testimony to Telangana Government's commitment to industrial growth and has garnered laurels globally. In addition, the state has been consistently rated as number one for the last three years in Mercer's 'quality of living' index since 2014. The state was also awarded as the “most promising state of the year” award for 2016 by CNBC India. State of Telangana holds dominant position in the Life Sciences sector with over 600 life sciences companies with a combined value of $50 Bn. One of the best healthcare infrastructure in the country with about 50 public and 165 private hospitals, 4,000 clinics and nursing homes, and 500 diagnostic centers. Already recognized as the healthcare hub of the country and is also home to world's largest technology giants including Apple, Microsoft, Google, Facebook, Amazon, etc. Hyderabad's Life Sciences Ecosystem < < < < < healthcare, engineering and life sciences A number of healthcare innovation centers, incubators, accelerators including the country's largest technology incubator – the T-Hub 30+ globally renowned R&D institutions. Government promoted initiative called Research and Innovation Circle of Hyderabad (RICH) to build Industry – Academia connect for technology commercialization India's first and the largest life sciences cluster called Genome Valley State sponsored targeted skill-development programmes. Committed to spurring innovation in healthcare and improve access, the State Government is promoting Hospital – Engineering Connect through structured public-private initiatives. Dynamic ecosystem with strong capabilities in Evolving global medical devices scenario Global healthcare sectoris faced with an enormous challenge of scaling to treat a billion patients, while sustaining quality and managing costs. Medical devices and technology have a very important role to play in this, as advancements will result in better diagnosis, surgical (and to an extent medical) treatment, and improved after care Faced with fierce competition and pressure to reduce costs across the healthcare spectrum, medical device manufacturers are banking on new markets, new products and reducing costs. India offers a perfect opportunity to companies in terms of being a new and growing market, indigenous innovation to cater to local needs and cost arbitrage to help improve profitability. India is currently a $4.5 Bn medical devices market, projected to grow at >15% annually and reach $8.6 Bn by 2020. More than 70% of medical devices in India today are imported, but with growing focus on indigenous innovation and local manufacturing a lot of local demand will be met with locally manufactured products. Already a proven destination as a regional and global hub for large life sciences companies Manufacturing costs are 65% lower than US and 50% lower than Europe Increased focus on innovation-3,500 product patents in the last 5 years Lower cost of R&D talent, facilities and testing Fastest talent pool growth (7.3% versus 5.6 % in Brazil which is second) Large availability of both skilled and unskilled work force. A Proven Life Sciences Ecosystem < < < < < 1.3 Bn domestic market Fastest growing economy in the world Rise in income levels and growth in the size of middle class (12% to 28%) Expanding health insurance coverage (300 M to 655 M) Increase in hospital beds from 1.6 million to 2.9 million Increase in FDI investments under automatic route ‘Make in India’ promoting indigenous manufacturing /investtelangana /InvTelangana
- 3. Medical devices park brings together a holistic ecosystem for setting up research as well as manufacturing units, and benefit from the scale and facilities of a larger cluster. Below diagram demonstrates key components of the ecosystem: No serious conversation in medical devices sector in India can happen without Hyderabad in consideration MEDICAL DEVICES PARK Government of Telangana is developing a first of its kind park in India for Medical Devices & Electronics, focused on Medical Innovations, R&D and Manufacturing. Hyderabad already hasa holistic ecosystem in terms of research facilities, engineering and medical talent, connect between research and medical ecosystem, manufacturing infrastructure, a strong local market, and supply chain and connectivity to all the important global export market. Telangana’s overall ecosystem coupled with the Government's commitment, makes us the most attractive and unmatchable destination for the global medical devices companies. Highlights < < < < < < < Close proximity to Hyderabad International Airport Comprehensive facilities to support innovation, research & development, and industrial scale manufacturing Dedicated support ecosystem in terms of warehousing and logistics, electricity & water, waste management, etc. Government support to facilitate approvals and tailored business friendly policies Education, training, research and incubation facilities to encourage entrepreneurship and innovation Dedicated social infrastructure for the people working in the cluster Best-in-class infrastructure at an area of 250 acres in Phase-I A dedicated ecosystem for MedTech innovation and manufacturing Air, Land & Rial Connectivity Security & Maintenance K-12 Education Start-ups & Incubation Policy & Incentives Testing & Certification Labs R & D Facilities Global Companies Connect with Hospitals Regulatory Support Electricity Business & Social Infrastructure Water Supply Waste Management Housing Facilities Environment & Safety Manufacturing Units Warehousing Facilities Medical Devices Park Finance & GrantsMedical Facilities Technical & Management Skills Retail & OfficesHospitality & Recreation Connect with Engineering Large Indian Companies SME’s Support Ecosystem Core Facility /investtelangana /InvTelangana
- 4. < < < < < < < < < < < < Advantages of an Anchor Unit Industrial land bank of 150,000 acres; with development of sector-specific industrial parks 10% water from all irrigation sources reserved exclusively for industries 24/7 assured uninterrupted quality power supply throughout the year Land and power cost subsidy on a case by case basis depending upon investment and employment potential and strategic importance as anchor units on a case by case basis depending upon investment and employment potential and strategic importance as anchor units Centralized infrastructure in all the industrial parks including CETPs, treated water, etc. Stamp duty & Transfer duty reimbursement; SGST reimbursement being worked out for new units Subsidy on the expenses for Quality Certification and Patent Registration Subsidy on the costs for adopting Clean production measures Scheme for reimbursement of infrastructure development costs Massive Skill Development Programs (through state and central schemes) Scheme for Reimbursement of costs for Training and Skill Development Telangana Government believes in strategic partnership for growth of identified sectors in the State. Medical Devices being a core sector of growth for the State, the State Government invites interest for investment and strategic partnership from global companies. Anchor Units and Mega investors (> $ 35 m investment) will have an opportunity for a customized policy for themselves containing incentives, over and above the standard incentives and which will also address any other requirement specific to that investor Major industrial incentivesTelangana's Systematic Approach to Development of LIFE SCIENCES ECOSYSTEM /investtelangana /InvTelangana Medical Devices Park < < Being developed area of 250 acres State-of-the-art common facilities, laboratories, warehousing, testing centres and manufacturing units Pharma City < < Genome Valley < < State-of-the-art pharmaceutical city to be built on 14,000 acres of land Pharma university and research centre High-technology business district spread across 600 acres Country’s first and largest biotech cluster MEDICAL EVICES ARK D P HYDERABAD