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AiMeD applauds cabinet decision to approve National Medical Devices Policy 2023

PM Narendra Modi recently approved the long-awaited National Medical Devices Policy, 2023

AiMeD is delighted with the Cabinet decision of announcing a Medical Devices Policy to fulfil Prime Minister Narendra Modi’s and India’s aspirations to be not only Aatmanirbhar in Medical Devices but also to place India among global key top five suppliers of medical devices worldwide.

Rajiv Nath, Forum Coordinator of the Association of Indian Medical Device Industry (AiMeD) while applauding the government said, “We congratulate the Government wholeheartedly for approving the much-needed, long-awaited direction we had sought since the initial draft policy of June 2014 for a ‘National Medical Devices Policy.”

“We are more than hopeful that the policy details will help boost local manufacturing, help traders and importers to start investing in putting up factories and end the 70-80 per cent import dependency forced upon India and the ever-rising import bill which last year shot up by a steep 41 per cent to over Rs 63000 crore and make quality healthcare accessible and affordable for common masses worldwide,” Nath further added.

Dr Rajiv Chhibber, Vice President, Sahajanand Medical Technologies and Jt Coordinator Govt Affairs, AiMeD said, “The medical devices sector welcomes the cabinet approval of the National Medical Device Policy. The policy aims to place medical devices on an accelerated growth path with a patient-centric approach to meet the evolving healthcare needs of patients. This is also a leap forward to fulfil PM Narendra Modi’s vision to have an affordable, accessible and innovative solution towards healthcare, making India Atmanirbhar a Global MedTech hub, achieving the Vision 2047 aimed at Universal Healthcare for All.”

 

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