Hyderabad: The government needs to strike the right balance between price control and incentives and curb imports to ensure the medical devices industry thrives and the country does not have to rely on imports, said experts during a session at BioAsia 2021. Association of Indian Medical Device Industry (AIMED) coordinator and Hindustan Syringes & Medical Devices Ltd MDRajiv Nath batted for strict regulation of pre-owned imports to ensure India does not become an e-waste dumping zone and an increase in import duties to encourage domestic manufacturing.
Lauding recent government moves like PLI scheme for medical devices, Transasia Bio-Medicals Ltd CMD Suresh Vazirani said it was a good beginning.
Source:-timesofindia.indiatimes.com