TIDCO seeks EoI for JV to make Covid-related devices, drugs

Tamilnadu Industrial Development Corporation Ltd (TIDCO) has called for Expression of Interest (EoI) to set up joint ventures to produce Covid-19 related vaccines, medical devices, oxygen and others.

According to TIDCO, Tamil Nadu's premier industrial development organisation, it has called EoI from Indian and foreign players to set up plants to manufacture high end medical devices, oxygen plants, oxygen concentrators, vaccines and Covid-19 related drugs.

TIDCO said the minimum investment from the private party should be Rs.50 crore in the proposed joint venture.

The last date for submission of EoI to TIDCO is May 31, 2021. - IANS