Search Result for : Medical Equipment

PTI Encouraged by Infosys' decision to set up a tech centre in his state and generate 2,000 jobs, Indiana Governor Eric Holcomb will lead a high- powered trade delegation to India later this year with the sole objective of attracting more Indian business, particularly IT companies. "I'm looking forward to travelling to India, probably in the fall, before the winter," Holcomb told PTI in an exclusive interview in his office at the State Capitol. Holcomb, who succeeded Vice President Mike Pence as Indiana governor, said he wanted to travel to India soon after his inauguration early this year but pressing engagements and now the summer prevented him from doing so. Holcomb, who would be the first Indiana governor ...

PTI India on Tuesday announced a grant of $3 million for medicines and purchase of medical equipment as well as a Line of Credit of $81 million for a road project in Rwanda as the two countries decided to collaborate closely to counter terrorism while stressing the need to isolate countries which support cross-border terrorism. After wide-ranging talks, Prime Minister Narendra Modi and Rwandan President Paul Kagame declared elevation of bilateral ties to "strategic partnership" while noting India's increasing engagements as a development partner of Africa. Terming terrorism as the single biggest global threat and recognising the need to isolate countries which support cross-border terrorism, the two sides also decided to collaborate closely on counter-terrorism including blocking financing of terrorist activities, removing ...

The Dollar Business Bureau In a move to strengthen the Indian medical devices industry, the Department of Pharmaceuticals (DoP) has come up with a National Medical Device Policy (NMDP) 2015, aimed at promoting ‘Make in India’ in this industry by reducing dependence on imports. A draft was issued by DoP on June 3, 2015, seeking comments prior to implementation. The policy intends to set up a strong base for manufacturing of medical devices in India, especially for the affordable variety. It comes during a time when the aforesaid industry is dependent on imports from developed nations. According to DoP estimates, global market for medical devices is valued at around $20 billion, with US leading the supply pack with a 45% share, ...

The Dollar Business Bureau The Confederation of Indian Industry (CII) has welcomed the Cabinet approval of 100% FDI for medical devices under the ‘automatic route.’ This move would encourage manufacturing of equipment, including diagnostic kits and other devices, and support the “Make in India” initiative of the government, according to CII. Chandrajit Banerjee, Director General, CII said that this approval would meet a long standing need for local manufacturing and technology infusion in the sector. The figures, as released by the Department of Industrial Policy and Promotion (DIPP), show that in the period April 2000 to June 2012, when Drugs and Pharmaceuticals witnessed FDI inflows of around $9.66 billion, Medical and Surgical appliance had FDI inflows of $523 million only. The ...