Economy
Keralam to support new medical device parks and fast-track approvals
The Hindu12h
THE BRIEF
1
Chief Minister V.D. Satheesan announced that Keralam will support new medical device parks and transition to a single-approval industrial clearance system by amending 19 laws.
2
Industries Minister P.K. Kunhalikutty released the KMDIA Strategic Roadmap 2026-2031, aiming to scale state manufacturing output from ₹6,500 to ₹7,500 crore to over ₹25,000 crore by 2031.
3
The plan proposes a Medical Devices City under a public-private partnership model featuring plug-and-play manufacturing facilities and cleanrooms to support MSMEs and start-ups.