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Minister Asks Medical Devices Cos To
Utilize ‘Make in India’ Initiative To Save Rs. 40,000 To
Rs. 50,000 Crore On Imports
Union
minister for tourism, G Kishan Reddy has called upon the
medical devices manufacturers to utilize the ‘Make in
India’ initiative of the Central government and take up
new research to develop and manufacture innovative and
highly advanced medical device technologies within India
and avoid spending huge money on imports of medical
devices equipments which is causing heavy burden on the
Indian economy.
Inaugurating
the launch of Jaitra Devices and Systems, a medical
devices manufacturing company in Hyderabad, Reddy observed
that every year Rs. 40,000 to Rs. 50,000 crore are being
spent on importing medical devices into the country. He
urged investors and new startups to utilize the various
incentives being provided by the central government under
‘Make in India’ initiative and make India self sufficient
of advanced medical devices and healthcare equipments.
“The Central
government is encouraging different manufacturing sector
firms to produce high quality and most advanced
technologically innovative products used in healthcare
under the ‘Make in India’ initiative. As part of this
policy initiative, the Central government has also
introduced ‘Production linked incentive scheme’ which is
aimed at encouraging domestic production in a big way,”
said Kishan Reddy.
Referring to
recent shortfalls during the pandemic with regard to
shortage of various medical devices and equipments like
PPE kits, ventilators, oxygen concentrators and others
which were in huge demand by the Indian healthcare system
and customers in India, he said because of which India got
to depend on other countries to meet the same.
The Union
minister opined that the Covid-19 pandemic has become an
eye opener and said that despite facing tough time during
the pandemic, India’s intelligence, domestic manufacturing
capability and high end research institutions made it
possible for the country to overcome the shortfalls in
healthcare, pharma and biotechnology industry. In just a
short span of time and today India has become a global
supplier of Covid medicines, vaccines and medical devices
like PPE kits, ventilators and various other anti-Covid-19
devices like bipolar air disinfectants and purifiers to
the world.
While
appreciating the role of scientists in pharma,
biotechnology and various other research sectors and the
role of doctors and nurses and other paramedical staff in
the country, the Union minister said that it is because of
the collective efforts of all these talented people today
India has overcome the deadly pandemic and is now treading
a path of growth by vaccinating over 100 crore vaccine
doses to its people, which is a remarkable achievement for
the country.
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