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

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02-Sep-15 Industry leaders 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]

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Reaching rural med tech markets in India

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Aug-15 Most medical device suppliers are primarily focussed on the metro and tier I markets in India. Suppliers are finding that markets in semi-urban and rural areas behave quite differently. The hospitals in tier II and III cities are smaller and operate at lower price points than those in large cities. Their remote locations also throw up logistical challenges. [image: India Today]

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Malaysia, the ASEAN medical device manufacturing hub?

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14-Jul-15 Malaysia is being positioned the ASEAN hub of medical device manufacturing. It hosts more than 190 medical device manufacturers with investments worth RM13.2 bn (USD3.5 bn), including Ansell, Ambu, Bard, B.Braun, Haemonetics and St. Jude. The industry has been identified as one of five intended to re-energise the manufacturing sector. [image: Site Selection]

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Chinese companies to invest USD1 bn in med tech in India

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09-Jul-15 The Indian state of Karnataka is on the radar of Chinese businesses from Yunnan, lead by Sunpa Group, which are expected to invest up to USD1 bn in an industrial park at Vasanthnarasapura, including investments in telemedicine, medical equipment manufacturing, solar power and tech research. [image: Economy Watch]

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New VC fund for India's pharma industry

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28-Jun-15 As part of the Make in India strategy, India's government plans to set up a INR5 bn (USD79 mn) fund to boost the domestic pharma industry and provide cheaper loans for manufacturing. It is also considering single window clearance for drug approvals, to help rejuvenate the local pharma sector and make medicines more affordable. [image: ET Healthworld]

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