iMeds Global Private Limited (“iMeds”), a wholly owned subsidiary of Avantel Limited, has announced the establishment of a new, cutting-edge facility for the design, development, and production of medical devices at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam.
Spread across 2 acres with a built-up area of approximately 25,000 square feet, the facility is outfitted with advanced infrastructure tailored specifically for medical product manufacturing. Key features include clean rooms, dedicated assembly lines, and comprehensive testing capabilities. The facility is scheduled to commence operations on June 15, 2025.
This development marks a significant leap for Avantel Limited into the healthcare technology space. With a focus on delivering high-quality, affordable, and locally manufactured medical solutions, the initiative reinforces Avantel’s strategic diversification plans. It also aligns with the Government of India’s “Make in India” initiative, emphasizing the production of cost-effective and indigenous medical equipment.
The new facility not only strengthens Avantel’s position in the healthcare domain but also underscores its broader commitment to innovation and social impact. By investing in domestic healthcare infrastructure and technology, the company aims to enhance accessibility to essential medical products while contributing to the nation’s self-reliance in medical manufacturing.
This milestone reflects Avantel’s long-term vision to expand its footprint in high-growth sectors and drive value through purposeful innovation, particularly in areas that serve critical societal needs.