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The Tamil Nadu government has invited Expression of Interest (EoI) from Indian/overseas firms to establish facilities to manufacture Covid-19 related high-end medical technology devices, oxygen, plants, oxygen concentrators, vaccines and Covid-related drugs. This is one of the measures to find a permanent solution for shortage of these items.
Oxygen concentrators: A new industry opens up for MSMEs
The setting of the facilities will be through a joint venture with Tamil Nadu Industrial Development Corporation Ltd (Tidco). The minimum investment from the private partner should be ₹50 crore, says the EoI issued by Tidco.
Interested firms shall submit their EoI proposal before May 31, says the EoI.
Covid-19: Tamil Nadu reports 33,075 new cases, 335 deaths
Global tender for vaccines
The EoI comes in the backdrop of increasing Covid cases in the State leading to demand for Covid-related drugs, devices and oxygen.
The issue of EoI also comes two days after the State government issued a global tender to procure vaccines.
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