New Delhi, July 10 (IANS) The Central government’s decision to rationalise customs duties on capital equipment and critical inputs for electronic good production will deepen domestic value addition and attract investment, industry bodies said on Friday.The government has rationalised duties for inputs in lithium‑ion battery cell manufacturing, display assemblies and wireless charging inductor coil modules.Ashok Chandak, President of the India Electronics and Semiconductor Association (IESA) …
Latest Medical Devices News & Updates
New Delhi, July 8 (IANS) India’s medical‑device sector is emerging as a regional innovation hub, with exports reaching $4 billion in FY2025 and the country is identified as Asia‑Pacific’s ‘access‑led innovator’, a report said on Wednesday.The report from Bain & Company said India exports medical devices to over 125 countries and imports of high-end medical devices in the country stood at $5.5 billion, highlighting the next opportunity for innovation.The report was developed in part…
New Delhi, July 2 (IANS) India and Japan on Thursday expanded their strategic partnership by signing a series of agreements covering economic security, artificial intelligence (AI), defence technology, clean energy, healthcare and maritime security following bilateral talks between Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi in New Delhi.Takaichi is on a three-day official visit to India from July 1 to 3 at the invitation of Prime Minister Modi. The two leaders held …
Gandhinagar, June 27 (IANS) A high-level seminar in Gandhinagar has outlined a roadmap for strengthening Gujarat’s position as a globally competitive medical technology manufacturing hub, with policymakers, regulators, industry leaders and academic experts focusing on export-oriented production, regulatory readiness and ecosystem development. The one-day programme, titled ‘Gujarat to Global: Empowering the MedTech Ecosystem’, was jointly organised by the Gujarat Rajya Institution for Transformat…
New Delhi, June 28 (IANS) The Ministry of Health and Family Welfare on Sunday announced that it has proposed amendments to the Medical Devices Rules, 2017 to simplify and accelerate the licensing process for medical devices, a move aimed at improving ease of doing business and ensuring quicker access to quality medical products in the country.The ministry has published a draft notification in the Official Gazette seeking public comments on the proposed changes, which are intended to streamline r…
New Delhi, June 23 (IANS) The Centre’s Department of Pharmaceuticals has invited comments from stakeholders on the proposals received for amendments to the Global Tender Enquiry (GTE) Exemption List of Medical Devices. Following a public notice, issued on February 11, seeking feedback on the existing GTE Exemption List, the Department received representations from various stakeholders requesting addition, deletion or modification of entries under the list.All stakeholders concerned, including …
New Delhi, June 17 (IANS) From around 84 functional Jan Aushadhi Kendras in 2014, the network has grown to more than 19,200 Kendras across the country in 2026, making quality generic medicines accessible at affordable prices to millions of citizens, the government said on Wednesday.India’s pharmaceutical landscape has witnessed a remarkable growth and transformation in the last 12 years under the leadership of Prime Minister Narendra Modi. The Ministry of Chemicals and Fertilisers said the expan…
Washington, June 13 (IANS) The US Treasury Department has published a list of medical devices requiring “specific authorisation” for export to North Korea, a Federal Register notice showed, apparently tightening licensing requirements for the items amid North Korea’s advancing nuclear and missile threats.On Thursday, the department’s Office of Foreign Assets Control (OFAC) released the list of medical devices that may not be exported or reexported to North Korea under a general license that auth…
New Delhi, June 1 (IANS) India’s merchandise exports to Oman are officially targeted to grow by 50 per cent over the next three years, as the Comprehensive Economic Partnership Agreement (CEPA) with the Gulf nation came into force on Monday.The agreement aims to drive merchandise exports from the baseline of roughly $4.06 billion past the $6 billion mark, with a medium-term goal of reaching $10 billion.Oman has offered zero-duty access on 98.08 per cent of its tariff lines, covering 99.38 per ce…
New Delhi, May 5 (IANS) The third Joint Committee Meeting (JCM) on Healthcare between India and Japan was held here on Tuesday, with both sides committing to deepen cooperation for stronger healthcare systems, resilient medical supply chains and enhanced collaboration in digital health, medical innovation and workforce development.The meeting was co-chaired by Union Minister of Health and Family Welfare, Jagat Prakash Nadda and Japan’s Minister in charge of Healthcare Policy, Kimi Onoda.Nadda …