- Yeida signs strategic partnership with Japan’s Medical Excellence Japan for medtech growth
- Collaboration will strengthen medical technology research, skill development, and knowledge exchange
- Expected to create new job opportunities, support innovation, and boost startup growth in the sector
Yamuna Expressway Industrial Development Authority has signed a partnership agreement with Medical Excellence Japan to strengthen medical technology research, skill development, and innovation in India.
The agreement focuses on research collaboration, technology transfer, investment promotion, and workforce development in the medical devices sector. Officials said the partnership aims to create stronger learning opportunities, industry-focused training, and future job creation in medical technology.
The memorandum of understanding was signed by Rakesh Kumar Singh and Kenji Shibuya at Yeida’s office in Sector Omega I.
Under the agreement, Yeida will provide infrastructure support, land allocation, utilities, and policy incentives for companies setting up operations in the upcoming Medical Device Park. Medical Excellence Japan will contribute technical expertise, connect Japanese medical technology companies with Indian partners, and support knowledge-sharing programs.
The collaboration is expected to help students, researchers, and young professionals gain access to advanced medical technology skills. Joint research projects and capacity-building programs will create pathways for specialized training and hands-on industry exposure.
Both sides will also explore direct investments, funding programs, and grants to accelerate innovation. A joint working group with members from both organizations will oversee implementation, review progress, and address challenges.
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Officials said the partnership will also encourage startup growth through joint initiatives and support entrepreneurship in the medical devices space.
The development is linked to Yeida’s 350-acre Medical Device Park in Sector 28 near Noida International Airport. The project aims to position the region as a major hub for medical device manufacturing while creating high-skill jobs and strengthening India’s medtech education ecosystem.
