Report
India's NITI Aayog explores policies to boost medical and dental device manufacturing
The Economic Times reports that talks covered regulatory hurdles, infrastructure gaps and cost disadvantages for domestic manufacturers.
TLDR
The Economic Times reports that NITI Aayog met manufacturers, officials and researchers to consider regulatory, infrastructure and financial measures for India's medical and dental device industry. Industry group AiMeD called for a dedicated medical devices law, simpler approvals and financial support. It says Indian manufacturers face a 10ā15% cost disadvantage due to high capital and energy costs, logistics expenses, limited risk capital and inadequate testing and research infrastructure.
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