Costa Rica / Advanced Medical Manufacturing
Leveraging SCTIMST and the existing medical device cluster in Thiruvananthapuram, this proposes moving up the value chain from blood bags and syringes to stents, heart valves, and surgical robotics — following Costa Rica's model of climbing the med-tech export ladder.
Pivoting from low-value medical consumables to high-value devices — stents, heart valves, and surgical robots
5x increase in per-unit export value
3 Class III medical device approvals
$200M annual med-tech exports
Leveraging SCTIMST and the existing medical device cluster in Thiruvananthapuram, this proposes moving up the value chain from blood bags and syringes to stents, heart valves, and surgical robotics — following Costa Rica's model of climbing the med-tech export ladder.
Land
15-30 acres near SCTIMST campus
Capital
$100-250M
Regulatory
Medical device fast-track approval, CDSCO harmonization, export incentives
Tags
Constraints