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AiMeD applauds gov’t initiative to launch three medical device policy & scheme

Dr Manshukh Mandaviya also launched the Export Promotion Council for Medical Devices and the Scheme for Assistance to Medical Devices Clusters for Common Facilities (AMD-CF) and released six reports on pharmaceuticals and medical devices

Minister of Health and Family Welfare Mansukh Mandaviya launched the National Medical Device Policy 2023 at an annual conference on Indian pharmaceuticals and medical devices in Delhi. 

The Cabinet approved the National Medical Device Policy 2023 on April 26, but the policy and its official strategy document were officially released and unveiled by Mansukh Mandaviya.  

He also launched the Export Promotion Council for Medical Devices and the Scheme for Assistance to Medical Devices Clusters for Common Facilities (AMD-CF) and released six reports on pharmaceuticals and medical devices.  

Rajiv Nath, Forum Coordinator, Association of Indian Medical Device Industry (AiMeD) applauding the government said, “We congratulate the Government wholeheartedly for launching the much-needed, long-awaited ‘National Medical Devices Policy’ to make an Atmanirbhar Bharat that not only helps its citizens but makes affordable high quality and safe medical devices accessible to the world & place India among global top five suppliers of medical devices worldwide.” 

“The Exports Promotion Council for Medical Devices will help bring in coordinated inter-ministerial policy measures for unleashing the huge export potential and investment potential of over Rs 80,000 crore for manufacturing medical devices for the Global market in India’s quest to be one of the top five preferred supplier bases of medical devices worldwide and we are thankful to the Minister of Commerce and Industry in taking this initiative to help realise our Prime Minister’s vision,” Nath further added. 

Nath, applauding the Health Minister for launching the Assistance to Medical Devices Clusters said, “It’s a great start! This is in line with the 4th Strategic Component of Building Infrastructure as defined in National Medical Devices 2023 Policy. This hopefully will be availed in many states to make an Atmanirbhar Bharat.” 

 “Medical Device Policy is a progressive step in propelling the country towards Atmanirbharta in the heavy import-dependent medical devices sector. This will also fuel manufacturing in India and will help realise the goal of the Medical device industry reaching $50 Billion in the country by 2025.” 

“We are more than hopeful that the policy and schemes 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.

 

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