by admin | May 5, 2023 | MtaI News
MedTech industry leaders and diplomats exchange ideas to explore new business avenues at MTaI roundtable Medical Technology Association of India (MTaI) hosted a high-level roundtable at JW Marriott, Aerocity, New Delhi with medtech industry captains and international...
by admin | Feb 2, 2023 | MtaI News
The FM’s announcement on dedicated multidisciplinary courses for medical devices would ensure the availability of skilled manpower who can engage fluently with rapidly innovating medical technologies. To supplement this move, we also hope that research institutes and...
by admin | Jan 11, 2023 | MtaI News
Ahead of the Budget, Medical Technology Association of India (MTaI) on Wednesday urged the government to reduce customs duties and removal of health cess on imported medical devices. MTaI, which represents medical technology companies, appreciated the various reforms...
by admin | Dec 23, 2022 | MtaI News
The Medical Technology Association of India (MTaI) has recommended reduction in custom duties at the minimum to 2.5% and removing additional 5% health cess imposed on imported medical devices among others as part of budget 2023-24 recommendations. This will help in...
by admin | Dec 21, 2022 | MtaI News
The Union Budget 2023-2024 will be presented by Finance Minister Nirmala Sitharaman February 1 For the upcoming budget, health sector urges the government to give adequate importance to the healthcare sector and highlights that while we are still battling to reach the...
by admin | Oct 14, 2022 | MtaI News
image credit- shutterstock Industry appreciates CDSCO notice to address issues but appeals to authorities to ensure proper mechanism and transition time to comply Medical Technology Association of India (MTaI) has welcomed the Central Drugs Standard Control...
by admin | Oct 12, 2022 | MtaI News
Industry appreciates CDSCO notice to address issues but appeals to authorities to ensure proper mechanism and transition time to comply Medical Technology Association of India (MTaI) welcomed CDSCO notice GSR 754 (E)simplifying sale license requirements for retailers...
by admin | Oct 10, 2022 | MtaI News
For the second straight trading session, the rupee touched new all-time low level and closed 15 paise lower at 82.32 (provisional) against the US dollar on Friday. Surging crude oil prices, continuing apprehensions of more US Fed rate hikes and widening trade deficit...
by admin | Jul 12, 2022 | MtaI News
The new provisions will introduce unintended disruptions to the medtech industry and will also have ramifications throughout the entire healthcare industry Medical Technology Association of India (MTaI) has urged the government to reconsider its recently introduced...
by admin | Jun 12, 2021 | Blog, MtaI News
New Delhi, Jun 12 (PTI) The Medical Technology Association of India (MTaI) on Saturday said states must be restrained from intervening in price control of medical devices and other products, and the national drug price regulator should take decisions in this regard....
by admin | Jun 4, 2021 | Blog, MtaI News
NPPA welcomes the move, to inform revised MRPs within a week The government has decided to step-in to regulate the price of oxygen concentrators due to the recent volatility in maximum retail prices (MRP). As per information collected by the government, margin at the...
by admin | May 29, 2021 | Blog, MtaI News
GST exemptions does not necessarily lead to desired reduction in consumer prices as input GST continues to remain part of the input cost. Shahid Akhter, editor, ETHealthworld, spoke to Sanjay Bhutani, Director, Country Manager, Bausch & Lomb India & SAARC to...
by admin | Mar 31, 2021 | Blog, MtaI News
The DoP issued a revised notice on the Public Procurement Order (PPO) on March 25, 2021. Overlooking the fact that the HS codes are not monolithic, a blanket declaration has been made that for the 19 categories of medical devices listed in the said notice only class I...
by admin | Mar 27, 2021 | MtaI News
MTaI statement on the revised Public procurement Order: 1. What is the reaction of MTal on this? MTaI feels disappointment that despite the assurance of the Ministry of commerce that no PPOs will come without proper analysis of local market capacity, we are still...
by admin | Oct 26, 2020 | MtaI News
Medical technology sector is expected to recover to the pre-COVID-19 level only by July-December 2021 at best, as companies continue to earn lower than projected revenue due to weak demand and high cost, according to Medical Technology Association of India (MTaI)....
by admin | Jun 18, 2020 | MtaI News
After due reflection, MTaI has come to the view that Aatma Nirbharta in medical technology sector would be achieved when we can make competitive products in India: Pavan Choudary, Chairman and Director General, MTaI Prime Minister Narendra Modi, on May 12, 2020, made...
by admin | May 28, 2020 | MtaI News
Elective surgeries account for about 50 per cent of revenues for hospitals in normal business conditions. Reduced revenues have curtailed hospitals’ ability to pay for supplies of pharmaceuticals, diagnostics and medical devices, thereby severely disrupting...
by admin | May 18, 2020 | MtaI News
Healthcare investment can increase employment opportunities in service provider segment like hospitals with increased number of clinicians / paramedics / nurses The government has expressed its intention to create a surplus capacity in healthcare infrastructure. The...
by admin | May 4, 2020 | MtaI News
As lockdown gets extended for another two weeks, these challenges will continue to impede supply of medical devices unless industry gets support from government Supply of medical devices is an essential service to manage the COVID-19 pandemic in India but persistent...
by admin | Apr 9, 2020 | MtaI News
Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies that have a large footprint in manufacturing, R & D and healthcare worker training in India, is working with the government to ensure the continued...
