October 5, 2025
  • Prime Minister Narendra Modi will lay the foundation stone of a medical devices park in Nalagarh, Solan.
  • Tilak Raj Sharma, Additional Director (Industries), said that the Union Government had approved a medical devices park for the state on February 10.
  • The detailed project report of the medical devices park for Rs 349.83 crore was submitted to the Central Government, which would provide a grant-in-aid of Rs 100 crore while the state government would contribute Rs 249.83 crore.
  • The Department of Industries has signed memorandums of understanding (MoU) with NIPER, Mohali, for engaging it as a knowledge partner and Center for Innovation and BioDesign (CIBioD), PGIMER, Chandigarh, as a ‘technical partner’.
  • “The MoUs with an investment intent of more than Rs 800 crore have been signed with investors in Chandigarh. The Department of Industries has chalked out an investment outreach programme both in India and abroad for attracting investment and technology. Consultations with industrial associations from the medical devices sector have been already initiated.”
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