Goyal Drives AMTZ MedTech Progress with New Launches

The Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam was visited by Piyush Goyal, the Hon'ble Union Minister of Commerce & Industry and Member of Parliament for North Mumbai, marking a historic event in India's MedTech ecosystem.

With more than 150 businesses that support research, engineering, and the creation of life-saving medical technology, AMTZ, which is spread across a vast 270-acre campus, has developed into one of the most extensive medical device manufacturing clusters in the world.

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The new Cathlab production facility of Innovation Imaging Technologies Pvt Ltd (IITPL) and 3i MedTech, a next-generation MRI manufacturing venture, were both launched by Piyush Goyal during his visit.

 India's audacious move toward independence in high-end diagnostic imaging equipment is symbolized by the introduction of 3i MedTech. 3i MedTech was created in close cooperation with AMTZ with the goal of providing cutting-edge MRI solutions that are accurate, reasonably priced, and patient-centered.

Simultaneously, the opening of IITPL's Cathlab manufacturing facility enhances India's capacity to manufacture advanced cardiac imaging technology at home, lowering reliance on imports and fostering domestic innovation.

 The increasing faith in India's capacity to generate top-notch healthcare solutions at scale is reinforced by these advances.

Piyush Goyal commended Dr. Jitendra Sharma, the Managing Director and Founder CEO of AMTZ, for his visionary leadership in creating a globally competitive MedTech manufacturing environment during his interactions with industry executives and innovators on campus.

The Minister praised AMTZ for its distinctive model that combines production speed, cost-effectiveness, and technological depth and expressed great confidence that India's MedTech sector is well positioned for fast growth.