HLL Lifecare

HLL Lifecare’s Medipark to come up in Tamil Nadu

Why we have selected Tamil Nadu and specifically Chennai is because of the good infrastructure available, the port facility, and the transport facility by road or rail. So also the R&D facility which is very critical for developing new medical devices and the large pool of human resources especially the talented human resources and the skilled workers available in and around the city of Chennai.

BABU THOMAS, DIRECTOR, HLL LIFECARE (BIOTECH)

HLL is implementing an infrastructure cluster development for Medical Devices & Equipment sector. The project is named as Medipark, to be set up in 330 acres of land in Chengalpet, Tamil Nadu. The project aims at expanding the manufacturing base of Medical Devices and Equipment sector in the country. The medical devices & equipments industry in India is estimated to be Rs 30,000 Crores and nearly 21,000 Crore worth of this is imported. Medipark is country’s first infrastructure cluster, exclusively designed for this sector.

Medipark will have well developed plots with basic infrastructure like power, water, road network, landscaping, logistic hub etc. Plots will range from 0.50 acres to 3.00 acres in size. A unique feature of Medipark is the Knowledge Management Centre, designed to facilitate research, innovation and incubation for this industry.

The estimated project cost of Medipark is Rs 135 Crores. The project is being implemented with the equity participation of Tamil Nadu Industrial Development Corporation (TIDCO). Requisite clearances and approvals for the project on a single window clearance basis are in progress. There are specific incentives, benefits and concessions to the units coming up in Medipark under the Industrial Promotion Policy of the Government of Tamil Nadu.

About HLL Lifecare : HLL Lifecare Ltd. (HLL) is a Government Of India Enterprise under the Ministry Of Health & Family Welfare. HLL holds an impressive growth path since its formation in 1966. Five decades after its formation, HLL is one of the largest manufacturers of contraceptives in the world with an installed capacity of 1.60 billion pieces per annum. HLL has seven manufacturing units across the country-for Condoms, Oral Contraceptive Pills, Pharmaceuticals, Women Healthcare Products, Diagnostic kits and Medical Devices. Besides these, HLL is also a leading player in healthcare and diagnostic services, infrastructure development and procurement consultancy services. HLL holds a strong marketing network which makes its brands visible in more than 80 countries.

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09
10
Sept 2015

Global Investors
meet
-2015

Venue:
Chennai Trade Centre, Chennai, Tamil Nadu, India
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10 Reasons to Choose Tamil Nadu

  • An economic powerhouse on a high growth trajectory
  • A global industrial and manufacturing hub
  • Robust physical infrastructure
  • Renewable energy capital of India
  • Innovation and Knowledge hub of India
  • Robust urban and social infrastructure with world class civic amenities
  • Strong tourism footprint
  • Path breaking policy initiatives and investor facilitation framework
  • New paradigm for industrial growth
  • Vision 2023 for inclusive growth and Development