Visakhapatnam/Dec 11 : The medical-technology ecosystem in Andhra Pradesh received a major boost as Medi Mold and OIC International announced a joint venture to set up a ₹100-crore facility for 3D-printed orthopaedic implants in Visakhapatnam. The unit will focus on producing high-precision implants that match global quality standards, significantly reducing India’s reliance on imported medical devices. Officials said the investment will strengthen the state’s reputation as an emerging hub for advanced healthcare manufacturing.
The new unit is expected to generate employment for skilled technicians, engineers, and medical professionals. Industry experts noted that the project could pave the way for more innovation-driven ventures in the region. With Vizag already developing into a major industrial and port city, the new facility is seen as a milestone that will contribute both to the regional economy and India’s medical-device self-reliance mission.
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