Medi-Mold Private Limited, a manufacturer of medical-grade molds and precision tooling, has announced an investment of INR 1 billion to develop a large-scale three-dimensional (3D) printed orthopaedic implant manufacturing facility at the Andhra Pradesh MedTech Zone (AMTZ) in Visakhapatnam. The initiative will focus on producing patient-specific implants for trauma, spine and hip applications using metal additive manufacturing technology.
The project is being developed in collaboration with OIC International of the United States and AddUp of France, a subsidiary of the Fives Group. The company said the investment will support OIC International’s establishment in India, as well as its manufacturing and expansion plans.
The capital infusion will be used to set up and scale the 3D-printed implant unit and localise production. The company stated that localisation is expected to reduce India’s dependence on imported orthopaedic implants. The investment will also facilitate the transfer of proprietary technology, patents and manufacturing standard operating procedures, along with the creation of a specialised workforce for advanced medical technology manufacturing.
Medi-Mold said the facility will utilise AMTZ’s testing laboratories, machining centres and regulatory ecosystem to produce orthopaedic implants at competitive prices. “AMTZ and Medi-Mold are proud to host this technologically advanced facility, aligning with India’s vision of becoming a global MedTech manufacturing hub,” said Dr Teja, Chief Executive Officer of Medi-Mold.
Medi-Mold Private Limited was established in Andhra Pradesh and manufactures medical-grade molds and precision tooling for healthcare applications.
