“Fantastic news! The long sought and requested Medical Devices Exports Promotion Council is finally sanctioned to be created. This strategic step will go a long way in accelerating the exports and manufacturing growth of this sector. This will help bring in co-ordinated inter-ministerial policy measures for unleashing the huge export potential and investment potential of over Rs 80,000 Cr ₹ for manufacturing medical devices for the global market in our quest to be one of Top 5 preferred supplier base of medical devices worldwide.
India currently, in 2021-22 exports Rs 23766 crore, up from Rs 19736 crore last fiscal,” said Rajiv Nath, Forum Co-ordinator, AiMed.
For details, see Setting up of an EPC for medical devices, Ministry of Commerce and Industry.