India wants to build 40 million 3D printing medical center

India's 3D printing platform think3D, which is part of Singapore's think3D Labs Ltd., recently announced that it will invest $6 million (approximately RMB 40 million) to build a 3D printing center in Andhra Pradesh, India. The center will be built by the Indian government agency AMTZ and the local government of Andhra Pradesh to promote the development of medical equipment manufacturing in India.

It is reported that the center will cover 20,000 square feet (over 1800 square meters), equipped with multiple light curing (SLA), metal and biological 3D printers, reverse engineering equipment and 3D design tools. Once built, it can help India's medical device market become more independent. To know that the current market value is as high as 5.5 billion US dollars, but nearly 75% of the equipment is imported, which seriously hinders the economic and employment development of India.

think3D was selected by AMTZ to cooperate in the construction and management of this 3D printing center. According to the bidding agreement, AMTZ will provide equipment for think3D in the form of leasing, and think3D will be managed at its own expense, and provide services to the park customers at subsidized prices (market prices for non-park customers).
“We are honored to work with AMTZ to contribute to manufacturing in India. State-of-the-art 3D printing equipment and design tools will help manufacturers create innovative products that enter the market faster,” says think3D.

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