The Yamuna Expressway Industrial Development Authority (YEIDA) is set to establish a Japanese medical device manufacturing cluster near Noida International Airport.
This initiative follows a recent high-level visit by officials from Medical Excellence Japan (MEJ), which signalled strong interest in developing the region into a hub for advanced medical technology. YEIDA and MEJ are finalising a memorandum of understanding (MoU), expected to be signed during the upcoming visit of senior MEJ leadership next month.
The MoU aims to support the development of the upcoming Medical Devices Park in Sector 29 by attracting major Japanese firms to set up manufacturing and R&D units. At least seven companies are expected to begin operations initially. The collaboration will enable technology transfer, joint ventures, and boost exports to the Japanese healthcare market. YEIDA CEO RK Singh emphasised that the project aligns with the 'Make in India' initiative and will enhance India’s position as a global manufacturing destination for medical devices.