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USTR flags hurdles for US med device exports to India before tariff move

Business Standard LogoBusiness Standard1d ago

USTR flags hurdles for US med device exports to India before tariff move - Business Standard

Quick Summary:

The USTR report comes even as domestic medical devices manufacturers have raised concerns over tariff structures.

It added that US companies have been unable to import their devices into India since April 2024, after the Central Drugs Standard Control Organisation (CDSCO) suspended approvals of existing and new applications for import licences.

If there are high import duties in India on medical device imports, or if there are high non-trade barriers in any country on medical device imports, then all these need to be toned down,” he added.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 20:30:08 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 754 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27516840

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Official Website: business-standard.com

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