A medical device park would come up in an area of 350 acres along the Yamuna Expressway and just 3.5 km away from the upcoming Noida International Airport at Jewar, officials said on Monday.
According to the detailed project report (DPR), which has got an in-principle approval of the Uttar Pradesh government, the medical device park would be developed in two phases in Sector 28 of the Yamuna Expressway Industrial Development Authority (YEIDA).
The medical device park would focus on industrial development of CT scans, MRI and ventilators, YEIDA CEO Arun Vir Singh said.
"Of the total 350 acre land for the park, 200 acre would be used in the first phase and 150 acre in the second phase," Singh said after the 72nd board meeting of the YEIDA.
He said 41 proposals were presented during the board meeting and Additional Chief Secretary (Industries), Uttar Pradesh, Arvind Kumar, who is also the chairman of YEIDA, presided over the meeting.
"The agendas included public welfare projects, financial issues of YEIDA also. The main agenda was discussion on the medical device park. The Centre had given approval for setting up medical device parks to four states which are Uttar Pradesh, Madhya Pradesh, Himachal Pradesh and Tamil Nadu," Singh said.
"For the medical device park in Uttar Pradesh, the land was selected in Sector 28 of YEIDA. An in-principle approval for the detailed project report (DPR) of the medical device park was granted on December 31 and the board has also approved it now, he told reporters.
"The medical device park would focus on industrial development of CT scans, MRI, ventilators and attract related big companies and manufactures. We were instructed to expedite land acquisition for the project, he said.
The officer said the location of the medical device park is very suitable as it is close to highways and just 3.5 km from the upcoming international airport at Jewar.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU