Introduction
The Yamuna Expressway Industrial Development Authority (YEIDA), in collaboration with Sector 28 in Greater Noida, is currently constructing the largest Medical Device Park in North India. The project is not only big, but very, very big, and it has changed the business terrain completely and will even provide immense opportunities for investors and entrepreneurs. If you want to know more about this, just click here.
Strategic Location and Infrastructure
Located only 3 km from the soon-to-be-completed Noida International Airport at Jewar, the Medical Device Park has a well-developed Yamuna Expressway where road transport is exceptional. This place is strategically located to be a logistics zone that is quite smooth and a good catchment area for urban people. All the advantages considered in the medical sector make the area the best choice for the manufacture of medical devices.
Government Support and Incentives
The Indian Government, under the umbrella of 'Make in India', is promoting new top industries and has chosen the Medical Park at Yamuna Expressway Industrial Development Authority (YEIDA) as the Special Purpose Vehicle for the Medical Device Park. To the healthcare sector in India, the government is sending a positive message by giving special incentives to the manufacturing sector. Moreover, they plan to ensure faster approvals and provide the latest and most practical new devices to international and domestic markets through greenfield, brownfield, and strategic ventures. If you want to know more about this, just click here
Investment Opportunities and Growth Potential
The park has been structured to serve a wide variety of users that can comprise cancer care and radiotherapy devices, radiology and imaging equipment, anesthetic and cardio-respiratory devices, renal care solutions, nuclear imaging systems, and implantable electronic devices. Through such variety, such diversification opens up a wide array of investment and manufacturing opportunities for investors and manufacturers.
The Medical Device Park of YEIDA has been given away to 90 companies to date. From these, 1 unit is operation-ready and 11 units are under construction. The park's chief aim is to offer a platform for investments accounting for Rs 15,000 crore and providing job prospects for 7,000 people.
ERM Global Investors: Your Trusted Partner
It can indeed be a difficult task to find your way in the real estate market, but ERM Global Investors did make the road look pretty easy. ERM Global Investors, which has been in the business for 18 years, offers their customers a wide range of services, such as site selection and legal guidance, to have a smooth experience in their investments. Their high level of knowledge and experience acquired in the YEIDA region makes them the best strategic partner for new investors.
Conclusion
The Medical Device Park in Sector 28 of YEIDA is endowed with a favorable location, perfect infrastructure, and support from the government. All these features create a welcoming and promising environment for either an established or a starting entrepreneur in the medical devices market.
Phone: +91 97111 99915
Email: [email protected]
Address: B-101, 1st Floor, Urbtech Trade Centre, Sector -132, GB Nagar, Noida Expressway, UP-201304
