Hormuz Tensions Drive up Device Costs by 50%, Trigger Shortage Concerns
Rising geopolitical tensions around the Strait of Hormuz are beginning to impact India’s healthcare supply chain, with the medical devices…
Rajiv Nath
Read More
CDSCO Grants 3-Month Period for Medical Device Firms to Revise MRP Amid GST Rate Cut
The Central Drugs Standard Control Organisation (CDSCO) on Thursday (September 11) directed medical device manufacturers and importers to update their…
Medical device makers wary of GST rejig favouring imports
Indian medical device manufacturers fear that the proposed GST reforms could make imports cheaper and erode domestic competitiveness. Association of…
Steel Certification Rules Spark Supply Fears in India’s Medical Device Industry
India’s medical device industry is grappling with mounting uncertainty after the Ministry of Steel’s new mandate requiring that raw materials…
MedTech Industry Welcomes India-UK FTA but Urges Vigil on Trade Flows
The formal announcement of the Free Trade Agreement (FTA) between India and the United Kingdom has been met with optimism…
India Ramps Up Indigenous Development of Advanced Medical Devices
With around 80-85% of India’s medical devices needs currently being met through imports, both the government and domestic medtech companies…
Licensing Delays Driving Medical Device Makers Abroad, Says Parliamentary Panel
A significant number of medical device manufacturers have shifted their operations to Vietnam and Malaysia due to prolonged delays, unpredictable…