Medisys to develop new project at medical park in Noida
India's first ventilator maker, Premier Medical Systems, also known as Medisy, is set to develop a new project in Noida. The Yamuna Expressway Industrial Development Authority (YEIDA) has issued a letter of intent to the firm for land in its 12,000 sqm Medical Device Park set to come up in Sector 28.
The firm would invest Rs 60 crore for the project, and the firm's proposal has been forwarded to Invest UP, and the land allotment process will be completed once it is approved.
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