Vishakhapatnam, 19th Aug : The Foundation Stone of India’s first exclusive medical device manufacturing park Andhra Pradesh MedTech Zone - was laid today at Nadupur village of Pedda Gantyada Mandal in Vishakhapatnam by Andhra Pradesh Chief Minister Shri Chandrababu Naidu in the presence of Union Ministers Shri Venkaih Naidu , Shri Ananth Kumar, Andhra Health Minister Shri Kameini Srinivas, WHO Representative Mr Henk Benkedam , representatives of Indian medical device industry including Shri Rajiv Nath and a galaxy of other notable personalities.AMTZ, the 270-acre exclusive manufacturing zone is the result of MoU signed between the state government and AiMeD with a view to promote manufacturing of hi-tech and high-end medical devices within the country. It aims to encourage domestic manufacturing, reduce India’s humungous import dependency in medical devices , generate quality employment and bring down overall healthcare cost for average citizen. The exclusive tech zone will have the state-of-the-art and the best global facilities for R&D, manufacturing, testing, export & regulatory facilitations and logistics.“ We will reduce the cost of healthcare with local production of Medical Devices , we will create common infrastructure for you - the local Industry of world class and assure you of all clearances within 15 days ...." said Mr Chandarababu Naidu"The AMTZ project will be a game changer for India in the field of Healthcare and is very Good News ! This has global consequences, from being Pharmacy of the World to being the Medical Devices Manufacturing Hub of the World "said WHO India Representative Mr Henk Bekedam“Medical device manufacturing could be the next big thing for Indian economy after the IT revolution. This facility is not only a big milestone for the country which will catapult India into the league of top medical equipment producing countries in the world but also help bring down overall healthcare cost while ensuring tremendous saving in terms of foreign exchange,” said Mr Rajiv Nath, Forum Coordinator, AiMeD.