Last Updated: 17 Oct 2025
Promotion of Medical Device Parks
Last Updated: 17 Oct 2025
The Promotion of Medical Device Parks Scheme (2020–21 to 2024–25) is a Central Sector initiative providing up to ₹100 crore per park to develop world-class infrastructure in selected states for competitive medical device manufacturing.
- Aim: Creation of world class common infrastructure facilities for increased competitiveness and optimization of resources and economies of scale.
- Type: Central Sector Scheme
- Tenure: FY 2020-2021 to FY 2024-2025
- Approval for financial assistance has been given to Uttar Pradesh, Tamil Nadu, Madhya Pradesh and Himachal Pradesh for establishing Medical Device Parks.
- Such parks will provide Common Infrastructure Facilities (CIF) at one place thereby creating a robust ecosystem for manufacturing.
- Financial assistance:
- 70% of the project cost in Uttar Pradesh, Tamil Nadu, Madhya Pradesh
- 90% of the project cost in Himachal Pradesh
- Maximum assistance for one Park would be limited to Rs. 100 crores.