Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

80% of medical equipment imported, doctors say.


Date: 21-12-2016
Subject: 80% of medical equipment imported, doctors say
COIMBATORE: Almost 80% of the medical equipment used in hospitals is being imported, said doctors here on Tuesday. This invites an import duty of 2.5% and heavy maintenance charges which run into lakhs of rupees, making treatment using them expensive.

Speaking at the first FICCI TANCARE meet held here, doctors said there is an urgent need to make medical equipment in India.

FICCI's healthcare panel convener GSK Velu said medical equipment worth Rs 40,000 crore is bought every year. "However, hardly Rs 5,000 crore of that equipment is bought from Indian companies," he said.

"Even simple equipment like glucometers, ECG machines, x-ray machines, MRI machines and angiomachines are imported," he added.

Doctors said import of equipment not only invites a severe import duty but also heavy maintenance charges. "The duty on imported machines ranges anywhere between 0% and 20% which is huge. Maintenance cost for an imported machine worth Rs 5 to Rs 6 crore is between Rs 25 lakh and Rs 30 lakh," said Dr Nalla G Palaniswami. "This makes treatment prohibitively expensive," he added.

"There is doubt about the quality and longevity of Indian manufactured equipment. This should be dispelled," said Dr K G Bhakthavathsalam, chairman of KG Hospitals.

Doctors appealed for a change in policies by the Indian government. "Two decades ago, China was in the same boat, importing all their medical equipment. But, today they manufacture all their equipment," said Velu, who is also the managing director of Trivitron Healthcare. "This is because they have a policy that says all companies outsourcing their manufacturing to them should also share their technical know-how. India has no such rules," said Dr Palaniswami.

Speaking about the growth of the pharma industry, Velu said India which was once importing medicines now was producing surplus and exporting them too.

The medical community appealed to the government to increase expenditure on healthcare. "We spend hardly 1% to 5% of our GDP on healthcare, which is why hardly 25% of patients get treated at government or NGO-run hospitals. 75% of the burden is borne by private hospitals," said Velu.

Dean of the Coimbatore Medical College and Hospitals Dr Edwin Joe admitted that the government health set-up needs to be strengthened step-by-step.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-11-2025
Notification No. 32/2025-Customs (ADD)
Seeks to impose anti-dumping duty on Hot-rolled flat products of alloy or non alloy steel originating in or exported from Vietnam

Date: 07-11-2025
Notification No. 31/2025 -Customs (ADD)
Seeks to impose anti dumping duty on imports of “Flax or Linen fabric having flax content of more than 50%” originating in or exported from China and Hong Kong

Date: 04-11-2025
Notification No.73/2025-Customs (N.T.)
Transhipment of Cargo to Nepal under Electronic Cargo Tracking System (Amendment) Regulations, 2025 by amendment of Principal Notification No. 68/2019-Customs (N.T.) dated 30th September, 2019

Date: 31-10-2025
Notification No. 72/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-10-2025
NOTIFICATION No 68/2025-Customs (N.T.)
Assignment of Proper Officer under section 18A

Date: 30-10-2025
NOTIFICATION No. 69/2025-Customs (N.T.)
Levy of Fees (Customs Documents) Amendment Regulations, 2025

Date: 30-10-2025
NOTIFICATION No. 70/2025-Customs (N.T.)
Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025

Date: 30-10-2025
NOTIFICATION No. 71/2025-Customs (N.T.)
Conditions, where no revision allowed under Section 18A

Date: 23-10-2025
NOTIFICATION No. 66/2025 - Customs (N.T.)
Notification of ICD Malur, Kolar District, Karnataka u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962.

Date: 18-10-2025
NOTIFICATION No. 17/2025 – CENTRAL TAX
Seeks to extend date of filing GSTR-3B.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001