Centre approves National Medical Devices Policy | Know what it is
1 year, 7 months ago

Centre approves National Medical Devices Policy | Know what it is

India TV News  

National Medical Devices Policy: The Union government on Wednesday approved National Medical Devices Policy with an aim to increase domestic production and reduce imports of such equipment. Addressing the media after the Cabinet meeting, Union Health Minister Mansukh Mandaviya said it will promote domestic production of medical devices. Last year, the government had floated an approach paper on the draft national medical devices policy 2022 for consultation. Centre approves setting up over 150 govt nursing colleges Meanwhile, the government also approved the establishment of 157 nursing colleges at a cost of Rs 1,570 crore in co-location with existing medical colleges.

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History of this topic

Centre launches Rs 500 crore scheme to strengthen India’s medical device industry
1 month, 2 weeks ago

Centre launches Rs 500 crore scheme to strengthen India’s medical device industry

New Indian Express  

NEW DELHI: To boost India’s medical device industry, the government on Friday launched a Rs 500 crore scheme aimed at strengthening key areas such as manufacturing, skill development, clinical studies, infrastructure, and industry promotion. Nadda, who also holds the portfolio of Union Chemicals and Fertilisers Minister, stated, “The comprehensive scheme, with an outlay of Rs 500 crore, aims to address …

Anna University’s Centre for Medical Electronics becomes Biomedical Engineering Department
5 months ago

Anna University’s Centre for Medical Electronics becomes Biomedical Engineering Department

The Hindu  

India could take a lead in developing low-cost solutions and devices, said Sowmya Swaminathan, principal advisor, Ministry of Health and Family Welfare. After commissioning the Department of Biomedical Engineering at Anna University here on Monday, she said there was a need for such a department that could develop indigenous devices and equipment. The department, earlier known as Centre for Medical …

Union Budget 2024: AiMeD urges government for 15 per cent hike in custom duty on medical devices
5 months, 1 week ago

Union Budget 2024: AiMeD urges government for 15 per cent hike in custom duty on medical devices

India TV News  

Union Budget 2024: The Association of Indian Medical Device Industry has appealed to the government to consider a strategic increase in customs duty on medical devices, proposing a raise to a nominal range of around 15 per cent. Proposed health cess and margin capping for medical devices A significant concern flagged by AiMeD in the memorandum is the prevailing inverted …

Govt plans new pricing norms for medical device industry
7 months, 3 weeks ago

Govt plans new pricing norms for medical device industry

Live Mint  

The government is exploring new pricing strategies for the medical device industry and also looking at specific regulations to streamline the licensing, trading, and exporting processes for manufacturers, according to officials familiar with the situation. Medical device licences are currently categorized under the Drugs and Cosmetics Act, and industry associations have long advocated for specific regulations, arguing that the criteria …

Education scheme for medical devices sector approved
1 year, 3 months ago

Education scheme for medical devices sector approved

Live Mint  

The government has approved a ₹480 crore scheme to develop a talent pool that will drive the medical devices industry. The three-year scheme will provide financial assistance to government institutions for running multiple courses on medical devices, upgrading such institutions to global standards. The move follows the recent announcement of the National Medical Device Policy, 2023, that will help the …

Medical device industry asks Health Ministry to reconsider new regulatory Bill
1 year, 5 months ago

Medical device industry asks Health Ministry to reconsider new regulatory Bill

The Hindu  

An industry body for medical device manufacturers is opposing the Centre’s plan to bring the New Drugs, Medical Devices and Cosmetics Bill, 2022 to Parliament in the upcoming monsoon session, and has written to Health Minister Mansukh Mandaviya, expressing its dismay. ‘Entirely different products’ The Association said that it was also strange that the Parliamentary Committee’s 138th report, released on …

Govt taps hospitals on medical devices
1 year, 5 months ago

Govt taps hospitals on medical devices

Live Mint  

New Delhi: The Central government is considering a proposal on whether the bigger hospitals like AII India Institute of Medical Sciences, Post Graduate Institute of Medical, Education & Research Chandigarh, Medanta and Directorate General of Armed Forces Medical Services Armed Forces Hospitals should be allowed to procure or import medical devices directly from the manufacturers. Currently, some of the hospitals …

There can be no laxity with the quality of medicine: Health Minister
1 year, 6 months ago

There can be no laxity with the quality of medicine: Health Minister

The Hindu  

If India wants to continue being the pharmacy of the world there can be no laxity on the quality of pharmaceutical products, said Health Minister Mansukh Mandaviya speaking at the 8th international conference on the pharma and medical device sector on Friday. The Health Minister also unveiled the National Medical Devices Policy, 2023, and launched the Export Promotion Council for …

Explained | What is the National Medical Devices Policy, 2023?
1 year, 7 months ago

Explained | What is the National Medical Devices Policy, 2023?

The Hindu  

The story so far: On April 26, the Union Cabinet approved the National Medical Devices Policy, 2023. It is expected to help the domestic medical devices sector market grow from $11 billion to $50 billion by 2030 alongside achieving a 10-12% global market share over the next 25 years. To ensure a skilled workforce and create future ready MedTech human …

Indian medical devices sector to emerge as global leader in manufacturing, innovation in 25 years: Mandaviya
1 year, 7 months ago

Indian medical devices sector to emerge as global leader in manufacturing, innovation in 25 years: Mandaviya

The Hindu  

Backed by growing healthcare needs and the government's commitment to facilitate growth, the Indian medical devices industry has the power to emerge as the global leader in manufacturing and innovation in the next 25 years, Union Health Minister Mansukh Mandaviya said on May 16. He further stated that “backed by growing health care needs and the government's commitment to facilitate …

Centre notifies National Medical Device Policy
1 year, 7 months ago

Centre notifies National Medical Device Policy

Live Mint  

New Delhi: The Union government on Thursday notified the National Medical Device Policy 2023, aiming to establish India as a global leader in manufacturing and innovation of medical devices by achieving a 10-12% share in the expanding global market over the next 25 years. The policy, detailed in a gazette notification issued on Thursday, outlines a regulatory mechanism, protocol for …

Budget may bolster manufacturing of medical devices
1 year, 11 months ago

Budget may bolster manufacturing of medical devices

Live Mint  

The government is working on a plan to offer financial incentives to encourage the production of high-end medical devices in India to make the country self-sufficient and reduce healthcare costs for people, two people familiar with the development said. The scheme aims to establish 15-16 medical device production clusters and labs for testing such devices, the people said, requesting anonymity. …

Govt Plans Booster Shot for Medical Devices Sector to Make India One of Top 5 Global Manufacturing Hubs
2 years, 9 months ago

Govt Plans Booster Shot for Medical Devices Sector to Make India One of Top 5 Global Manufacturing Hubs

News 18  

The Narendra Modi government plans a big boost for India’s medical devices sector, making its first move by releasing a draft policy exclusively for the industry, which until now has been kept under the policy to regulate pharmaceuticals. According to the approach paper on draft National Medical Devices Policy 2022, released by the department of pharmaceuticals that comes under the …

What’s behind India’s acute shortage of life-saving medical devices?
3 years, 6 months ago

What’s behind India’s acute shortage of life-saving medical devices?

Hindustan Times  

When the coronavirus pandemic first hit India in 2020, the import-dependent medical devices industry — a cornerstone of the country’s health sector — was already in a churn, scrambling to establish new sources of raw materials and supply lines. “During the second wave, in which there was a markedly higher demand for oxygen compared to the first wave, we simply …

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