India's industry leaders call on government to empower domestic medical devices

 02-Sep-15, ET Healthworld 

Industry leaders participating in a session on the 'Make in India' initiative at the FICCI Heal 2015 conference have called upon the Government to take strong measures to drive the consumption of medical devices in the country, bring clarity to regulatory policy, correct inverse import duties and provide fiscal incentives to give the domestic manufacture of medical devices a strong impetus for growth and turn India into a global innovation hub for medical technology.

Image: ET Healthworld

Convening the Make in India and its Relevance to Healthcare session at FICCI Heal 2015, Varun Khanna, Managing Director - BD India, said, "Make in India' campaign must be aligned with key government initiatives to create a strong impact on public health and provide safe medical care accessible to all. Therefore, it is important for the stakeholders in the medical devices and larger healthcare ecosystem to constructively engage in a dialogue to facilitate 'Make in India' for the country. The government should strengthen entrepreneurship and innovation to fulfil the clinical unmet needs leading to better patient outcomes."

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