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CII body calls for expansion of PLI for medical devices to more products

Business Standard LogoBusiness Standard5h ago

CII body calls for expansion of PLI for medical devices to more products - Business Standard

Quick Summary:

The government should look at giving special incentives and technology support to domestic manufacturers to achieve sufficiency here and reduce import dependence,” he added.

This comes after several medical device organisations last month raised concerns over the import of pre-owned, refurbished high-end and high-value (HEHV) medical equipment, such as CT scanners, MRI machines, and robotic assistance systems, into India.

They claimed that this move could severely harm the domestic industry, which is still in its nascent stage.“Discussion will also be held with the government to bring regulations against the reuse of devices that compromise patient safety,” Baid said.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-11-29 @ 21:59:02 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 627 words

Reading Time: 4 minutes read

Sentences: 16 lines

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Copyright Owner: © Business Standard

News ID: 23949835

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