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India consults on national policy to promote, protect local medical device industry

 
• By Vibha Sharma

The Indian government is inviting feedback on its first ever national-level policy on medical devices that aims to support the domestic medtech industry through a variety of measures, such as by creating a separate National Medical Device Authority (NMDA), changing the tax/duty structure to promote and protect local device companies, and creating a separate regulator for medtech pricing issues1.

The Indian government is inviting feedback on its first ever national-level policy on medical devices that aims to support the domestic medtech industry through a variety of measures, such as by creating a separate National Medical Device Authority (NMDA), changing the tax/duty structure to promote and protect local device companies, and creating a separate regulator for medtech pricing issues1.

The Association of India Medical Device Industry (AIMED), which represents the indigenous medical device industry, said the government's national policy has "mostly very good content", but needs some "fine tuning"...

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