Mon Sep 08 15:32:24 UTC 2025: **Summary:**
The Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam has launched a new World Trade Center (WTC) Tower, offering advanced infrastructure for MedTech innovation. The facility integrates labs, co-working spaces, and support systems for startups. Medivalley, a startup incubator within AMTZ, will double its capacity to 300 startups by fiscal year 2026. The expansion aims to boost the “Make-in-India” mission and establish Medivalley as a global MedTech hub. The article includes testimonials from health-tech founders who have benefited from the resources and support provided by Medivalley.
**News Article:**
**Visakhapatnam’s AMTZ Opens World Trade Center Tower, Doubling Startup Incubation Capacity**
**Visakhapatnam, September 8, 2025:** The Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam officially launched its World Trade Center (WTC) Tower today, a cutting-edge facility designed to bolster India’s MedTech innovation ecosystem. The tower boasts 100,000 square feet of state-of-the-art infrastructure, integrating scientific laboratories, collaborative co-working spaces, rapid prototyping and testing labs, regulatory support systems, and modern Research and Development spaces.
The WTC Tower aims to provide a nurturing environment for medical technology startups to innovate, test, and scale their solutions. “This is a game-changing hub for research-driven entrepreneurship in healthcare,” stated Jitendra Sharma, founder CEO of AMTZ.
The tower is anchored by AIC-AMTZ Medivalley Incubation, a program that already supports 150 startups. Mr. Sharma announced plans to double Medivalley’s incubation capacity to 300 startups by fiscal year 2026, highlighting the significant impact the expansion will have on the MedTech sector.
“This expansion strengthens the Make-in-India mission and positions Medivalley as a global epicenter for MedTech innovation,” Sharma added. The goal is to fast-track commercialization for Indian startups with global ambitions, encompassing a range of technologies from surgical needles to surgical robotics and AI-driven wearables.
Testimonials from health-tech founders echoed the importance of Medivalley’s support. Dr. Nidun Jacob of Griva Healthcare P. Ltd. praised the access to mentors, labs, testing facilities, and investors. Arun Kumar of Santulit Innovators P. Ltd. emphasized the accelerated progress from concept to commercialization due to the supportive ecosystem.
The launch of the WTC Tower and the expansion of Medivalley represent a significant step forward in India’s pursuit of leadership in the global MedTech industry.
First Piper 