India needs to augment its medical device sector along with pharma
Sachin Manawaria | The Dollar Business The task force constituted by the government to look into difficulties faced by the medical devices sector in India will come out with its recommendation in two months’ time, according to the V.K. Subburaj, Secretary, Department of Pharmaceuticals. Speaking at an event held recently by the Associated Chambers of Commerce & Industry of India (ASSOCHAM), V.K. Subburaj said that the overall medical equipment industry in India stands at around $5 billion compared to the global size of around $200 billion. There is a need to build a conducive environment and rationalise the tax structure to help India’s medical equipment sector grow, he added. India is considered as a leader at global level in ...
