FAQ
What is Kerala Medical Technology Consortium (KMTC) ?
The Kerala Medical Technology Consortium (KMTC) is a Flagship Program by the Government of Kerala to promote and foster the MedTech Ecosystem in the State. KMTC focuses on promoting and advancing Medical Technology and Healthcare in Kerala, India and acts as a facilitator between various Stakeholders, including Research Institutions, Industry, Academia, Healthcare providers, Startups and Government Agencies, to foster innovation and growth in the Medical Technology sector.
Is KMTC a Government Agency?
The Kerala Medical Technology Consortium (KMTC) is a Flagship Program from the Government of Kerala, under the Kerala Development & Innovation Strategic Council to promote and foster the MedTech Ecosystem in the State.
How can I contact KMTC?
You can reach out to KMTC through the contact addresses mentioned in the contact page of the website.
Does KMTC manufacture or sell Medical Devices?
KMTC primarily acts as a facilitator and enabler for the Medical Technology Ecosystem in Kerala. It does not directly manufacture or sell Medical Devices.
Does KMTC do Research and Development in Medical Technology /Medical Devices?
KMTC does not directly involve in Research and Development activities related to Medical Technology and Medical Devices. It promotes collaborative R&D projects and acts as the facilitating link between Institutions interested in the field of MedTech Research in the State of Kerala.
What is a Medical Device?
A Medical Device is a product, such as an instrument, machine, implant or in vitro reagent, that is intended for use in the diagnosis, prevention and treatment of diseases or other medical conditions.
What schemes does KMTC support or have?
KMTC provides information on the various Incentives & Schemes aimed at fostering the growth of the Medical Technology Sector in Kerala. Please reach out to KMTC Officials in the numbers provided at the contact page for more details. The specific schemes and programs may vary over time.
How can I partner/collaborate with KMTC?
To partner or collaborate with KMTC, please reach out to us through the contacts provided in our contacts page or through our LinkedIn.
Does KMTC offer funding for Manufacturing or Research projects?
KMTC can offer details related to funding support for Manufacturing or Research projects through specific programs or collaborations. It is advised to contact KMTC directly for detailed information related to schemes on funding opportunities.
How can I get mentorship support from KMTC?
KMTC provides mentorship support through its network of experts and industry professionals. You can reach out to KMTC to explore mentorship opportunities in the field of Medical Technology.
Can KMTC connect me to Experts in the domains of MedTech Medical Devices?
Yes, KMTC can connect you to experts in various domains of Medical Technology and Medical Devices through our wide network and through its monthly Stakeholders Connect Meet (SCM). Please reach out to KMTC for invitations to its SCMs.
Does KMTC have an Industrial Park?
KMTC does not have an Industrial Park of its own. However, it may collaborate with existing industrial parks or healthcare clusters in Kerala for the development of the Medical Technology Sector. KMTC promotes the Bio 360 Life Sciences Park at Trivandrum as a destination for potential investors for manufacturing & R&D in MedTech.
Does KMTC offer Grants for Medical Research Projects?
KMTC does not offer grants for Medical Research Projects. KMTC can provide information on grants and specific schemes for Medical Research
How can I provide information or feedback to KMTC?
To provide information or feedback to KMTC, through our website or LinkedIn page. We appreciate your input and suggestions.
Does KMTC do any work with hospitals?
Yes, KMTC collaborates with hospitals and healthcare providers to bridge the gap between Industry and Healthcare delivery systems. We work together to identify needs, develop innovative solutions, and improve healthcare outcomes & KMTC supports companies conduct clinical trials in the state.
How can KMTC help me in finding investment opportunities in Medical Technologies/Medical Devices?
KMTC can assist in identifying investment opportunities in Medical Technologies and Medical Devices by connecting you with relevant stakeholders, providing insights into the market, and facilitating collaborations. Reach out to KMTC to explore investment opportunities in the sector
What is the Kerala MedTech Ecosystem?
The Kerala MedTech Ecosystem refers to the network of Stakeholders, including Companies, Research Institutions, Healthcare providers, and Government Agencies, involved in the Medical Technology Sector in Kerala. KMTC plays a crucial role in fostering and strengthening this ecosystem.
What is a KMTC Stakeholders Connect Meet?
A KMTC Stakeholders Connect Meet is an event or platform organized by KMTC to bring together various stakeholders in the Medical Technology Sector. It provides an opportunity for networking, knowledge sharing, and collaboration among Industry Professionals, Researchers, Healthcare providers, and Policymakers. The Stakeholders Connect Meet happens periodically.
If I need to hold a Stakeholders Connect Meet in partnership with KMTC, what should I do?
If you wish to hold a Stakeholders Connect meet in partnership with KMTC, you can contact us through our website. We will guide you on the process and requirements for collaboration.
I have money to invest. Is Medical Devices an opportunity to invest in?
Investing in Medical Devices can be a potential opportunity depending on market trends, demand, and your investment goals. It is recommended to conduct thorough Research, analyse market dynamics, and seek professional advice before making any investment decisions. KMTC can help guide you in this decision-making process and also facilitate the investments.
What is the Kerala New Industrial Policy 2023?
The new Kerala New Industrial Policy 2023 is a policy framework introduced by the Government of Kerala to promote industrial growth, innovation, and entrepreneurship in the state. It aims to create a business-friendly environment, attract investments, and foster the development of various industries, including Medical Technology. You can read the new Industry Policy from the following Link: Kerala-Industrial-Policy-2023.pdf (kmtc.in)
I have heard that Kerala is a difficult place to do business. Is it true?
There seems to be a lingering perception that Kerala is not business friendly based on historical experience of the nineteen seventies when Kerala experienced militant trade unionism and there was some exit of industries from the state that was 50 years ago. Things have changed significantly in the past few decades and Kerala now boasts of high-tech manufacturing facilities in industries like food processing, electronics, medical devices, sustainable materials and robotics which are replacing traditional, low age industries. Kerala has a history of good governance, strong institutions and good government processes. It is ideal for companies that place high priority on compliance and ESG. Transparent processes and rule-based decision making ensure that business is made easy and costs are low.
Are there any MedTech companies in Kerala?