Naidu, the Urban Development Minister said that the meeting was regarding the sanctioning of funds for the 270 acre project.
"Met FM Sri Arun Jaitley regarding sanction of funds for Andhra Med Tech Zone being established at Visakhapatnam," he said in a tweet.
Naidu, in another tweet, said that the project will promote Visakhapatnam as a medical devices manufacturing hub.
Andhra Med Tech Zone aims to emerge as a hub for medical device manufacturing. Once completed, it will put the country on the global map of high end medical equipment production, and is expected to make health care products affordable and accessible.
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