Pre Project Stage Medical Devices & Biologics State Government

Rs.2500 Million New Medical Device Park in Rajkot, Gujarat

Investment
From 1000 Million to 4999 Million
Stage
Pre Project Stage
Location
Rajkot, Gujarat
Last updated
05 Sep 2023

Project summary

Gujarat is planning a state-of-the-art medical device park in Nagalpar, Rajkot, covering 250 acres. With a financial grant of Rs. 2,500 million from the Central government, the park aims to commence operations by the end of 2024. It anticipates attracting an investment of 100-150 million USD over three years, positioning itself as a commercially viable venture. As of September 2023, the Gujarat Industrial Development Corporation (GIDC) has initiated the project to promote medical device manufacturing in the state.

Project details

SegmentMedical Devices & Biologics
IndustryHospitality and Healthcare
Products & capacityMedical Device Park
DistrictRajkot
StateGujarat
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipState Government
StagePre Project Stage
Last updated05 Sep 2023
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