14 December 2018 | News
Medical Devices Development Council will help realise our vision for India to be among the Top 5 Medical Devices manufacturing hubs worldwide as the Council will spearhead the policy needs to accelerate the manufacturing of medical devices in India and end the 70-90% import dependence forced upon us and an import bill of over Rs 31, 000 crore.
Rajiv Nath, Forum Coordinator, Association of Indian Medical Device Industry (AiMeD) applauded and thanked DIPP (Dept of Industry Policy and Promotion) for the great initiative of the creation of the much needed National Medical Devices Promotion Council which will provide an impetus and boost Indian Medical Devices manufacturing industry and support the Make in India impetus for Medical Devices in India.
Suresh Prabhu, Minister of Commerce and Industry has officially announced the establishment of the National Medical Devices Promotion Council at World Health Organisation's global conference on medical devices in Visakhapatnam. He also announced establishing a Medical Devices Design Centre and assured as exports picks up we will also establish a Medical Devices Exports Promotion Council.
It’s been more than Thirteen years since a direction was given to the Indian health authorities to have a comprehensive framework for medical devices. Such concerns recently got amplified on a global scale following an investigation into medical devices by media entities. The reportage revealed the opaqueness around this industry.
Nath said “We are also most grateful to AMTZ- Andhra Pradesh MedTech Zone and Andhra Pradesh Govt. led by the leadership of Shri Chandra Babu Naidu for offering to host the prestigious WHO Global Conference on Medical Devices.”
The Prime objectives of the National Medical Devices Promotion Council are:
Nath further pointed out that the way Pharmaceutical Export Promotion Council of India (Pharmexcil) was successful in promoting the Indian Pharmaceutical Industry, we are similarly hopeful that Medical Devices Development Council will help realise our vision for India to be among the Top 5 Medical Devices manufacturing hubs worldwide as the Council will spearhead the policy needs to accelerate the manufacturing of medical devices in India and end the 70-90% import dependence forced upon us and an import bill of over Rs 31, 000 crore. The Indian market at retail and institutional level is estimated to be at over Rs. 70000 Cr (10 Billion $).
“We are glad Govt. is taking serious steps to make India a global robust hub for medical devices manufacturing and fulfilling Govt’s ambitious mission of making quality healthcare affordable for common masses” concluded Mr. Rajiv Nath.