A National Level Initiative for Self-Reliance

Medipark- a first of its kind national level initiative by Govt. of India under the Make in India program. The medical devices and instrument industry in India is very nascent and is largely import dependent. Over last few years, there has been a consistent growth in the healthcare sector in India. The medical devices and equipment industry is also set to witness a vibrant growth due to increased investments in the healthcare sector and favorable policy initiatives. Indian medical devices and equipment supplies market is currently estimated at around US$ 7 billion (Rs.50,000 Cr), and is growing at a CAGR of over 15%. To encourage domestic manufacturing of medical devices, the Government of India in partnership with Government of Tamil Nadu launched Medipark.

Medipark is a joint venture promoted by Ministry of Health & Family Welfare, Govt of India and Tamil Nadu Industrial Development Corporation (TIDCO), a Tamil Nadu Government Enterprise.