The World Trade Center (WTC) Tower, a new addition to the Andhra Pradesh MedTech Zone (AMTZ) campus in Visakhapatnam has been officially operationalised, offering one lakh square feet of cutting-edge infrastructure to fuel MedTech innovation ecosystem, according to a release on Monday.
The facility is designed to integrate scientific laboratories with collaborative co-working spaces, creative interiors, and activity zones, creating an environment where medical technology startups can innovate, test, and scale their solutions.
It is equipped with rapid prototyping and testing labs, regulatory support systems, and modern Research and Development spaces. The WTC Tower is set to become a game-changing hub for research-driven entrepreneurship in healthcare, said Jitendra Sharma, founder CEO of AMTZ.
“Anchored by AIC-AMTZ Medivalley Incubation, the WTC Tower will provide a powerful launchpad for innovators. Medivalley, which currently supports 150 startups, is set to double its incubation capacity to 300 by FY 2026 with this expansion,” Mr. Sharma said.
From surgical needle to surgical robotics to AI-driven wearables, Medivalley’s expansion will fast-track commercialisation for Indian startups with global ambitions. In the last five years Medivalley has incubated over 150 startups, enabled 40-plus research outcomes, and facilitated patents and technology transfers, Mr. Sharma, who is also executive chairman of AIC-AMTZ MediValley, said.
“This expansion strengthens the Make-in-India mission and positions Medivalley as a global epicenter for MedTech innovation,” Mr. Sharma added.
A health-tech founder, Dr. Nidun Jacob of Griva Healthcare P. Ltd. said, “At Medivalley, we didn’t just get an incubation space—we got access to mentors, prototyping labs, testing facilities, and investors, all under one roof. This kind of support is rare in India’s MedTech space.”
Another entrepreneur Arun Kumar of Santulit Innovators P. Ltd., added, “Our journey from concept to commercialisation has been significantly accelerated due to the supportive ecosystem at MediValley.”
Published – September 08, 2025 09:02 pm IST
