Complete med device park by January, Centre tells YEIDA
The 350-acre park is set to be a major hub for medical device manufacturing and innovation.
According to YEIDA officials, external and internal development work – such as roads, drainage, and sewerage systems – is currently underway. The administrative building is already complete, while construction has begun on several manufacturing units.
Officials said that completion means finishing not only the basic infrastructure but also all planned common scientific facilities, as instructed by the department of pharmaceuticals, Ministry of Chemicals and Fertilizers for a timely inauguration.
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Out of more than 200 plots planned in the park, 89 have already been allotted to companies. Among them, 23 companies have executed lease deeds, and 10 have secured building plan approvals. As per the lease agreement, these companies must finish construction and start operations within two years. To attract additional investment, YEIDA has launched a new scheme offering 21 more plots.
YEIDA CEO R K Singh visited the site on Thursday to assess the progress and directed teams to ensure work stays on track to meet the scheduled deadline.
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Companies investing in the park include one that will manufacture cancer care equipment, 13 that will produce radiology devices, 31 focusing on anaesthesia equipment, 23 in implants, and 21 in in-vitro diagnostic (IVD) products. The largest allotment so far, an 11-acre plot, has gone to TI Medical, a joint venture between Fortune India 500 company Murugappa Group's engineering firm Tube Investments of India (TII) and Premji Invest.
The funding structure includes Rs 240 crore for land development, Rs 190 crore for common infrastructure, Rs 5 crore for project management and consultancy, and Rs 5 crore for contingency and other expenses. The central govt has committed Rs 100 crore, of which Rs 70 crore is earmarked for equipment and Rs 30 crore for civil works. The state govt, through YEIDA, will fund the remaining Rs 340 crore.
Designated as the state implementation agency under the central govt's Scheme for Promotion of Medical Device Parks launched in April 2022, YEIDA's park enjoys a strategic location near the upcoming Noida International Airport, International Film City, and other industrial zones.
The park will feature six Common Scientific Facilities (CSFs) hosting 13 specialised labs, from IoMT and AI/ML computing to bio-material testing and gamma irradiation. Beyond manufacturing, it will also include support facilities like a food court, banks, green spaces, power backup, and water treatment plants – creating a modern, fully serviced industrial ecosystem.
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