AMTZ, FORGE Launch Innovation Hub at MedTech Zone Visakhapatnam
Andhra Pradesh MedTech Zone (AMTZ) has announced partnership with FORGE Innovation & Ventures to launch a state-of-the-art Forge Factory, Academy, and Accelerator within the Medivalley Research Square at MedTech Zone, Visakhapatnam. This strategic collaboration aims to build the country’s strongest innovation ecosystem for medical technology—one that nurtures emerging entrepreneurs, accelerates product development, and strengthens India’s self-reliance in affordable healthcare solutions.
In partnership with Medtech Zone, FORGE Innovation & Ventures will establish three core components—each designed to strengthen a distinct stage of the startup journey. The Forge Factory will offer physical infrastructure, including labs and prototyping facilities, where startups can build, test, and validate their medtech devices in real-world conditions. The Forge Academy will serve as a talent and capability development platform, offering training, mentoring, and upskilling programs for entrepreneurs, engineers, and researchers—focusing especially on industrial medtech, product design, regulatory pathways, and emerging technologies. Meanwhile, the Forge Accelerator will support early-stage startups through curated acceleration programs that provide access to seed capital, business model development, and go-to-market strategies, with a focus on both domestic and global markets.
Dr. Jitendar Sharma, MD & Founder CEO of AMTZ, described the partnership as a significant leap toward nurturing medtech entrepreneurs in India. “This collaboration with FORGE aligns seamlessly with our vision to make India a self-reliant hub for affordable healthcare technologies. Together, we will build an enabling ecosystem for startups where innovators can fearlessly test, refine, and launch transformative solutions,” he adds.
Echoing this sentiment, Vish Sahasranamam, Co-founder & CEO of FORGE Innovation & Ventures, said, “We are thrilled to join hands with AMTZ, India’s premier medtech zone whose infrastructure is unparalleled in the country. Through this partnership, we aim to build a thriving open innovation network that not only supports startups but also contributes meaningfully to India’s public health systems.”
The Medivalley Research Square at AMTZ already houses a dynamic ecosystem of medical device manufacturers, research labs, and healthcare innovators. With the addition of Forge’s integrated support system, the zone is expected to become a launchpad for disruptive medtech innovations that address both local healthcare challenges and global market needs.
