MTaI in News
Customs duty cut: First of many budget corrections needed in medtech
The high custom duties have adversely impacted the costs of products in India and contradict the government's efforts to provide low-cost healthcare available to masses. The government has taken several measures to curb the cost of healthcare and realise its vision of...
Union Budget 2019 -High custom duties adversely impact the medical devices in India : Pavan Choudary, Chairman and DG MTaI
The custom duty regime on most medical devices in neighboring countries such as Nepal, Bangladesh, Sri-Lanka, and Bhutan is lower than in India. The duty differential would lead to smuggling of low-bulk-high-value devices. By Pavan Choudary Chairman and DG MTaI As the...
MTaI Seeks Streamlining Of Taxes And Duties To Make Medical Devices Affordable
Medical Technology Association of India (MTaI), today said the government should streamline tax and duty structure in Union Budget 2019-20 to ensure people get long-term access to quality medical devices. Since 2017, the government has taken various measures to curb...
Acceptance of eIFU for Medical Device a Welcome Move: MTaI
Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with significant investments in India, today welcomed the Ministry of Health & Family Welfare Gazette notification on acceptance of eIFU...
Inclusion of medical device industry in DTAB panel on compensation a step in right direction, says MTaI
Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies, said the formation of the Drugs Technical Advisory Board (DTAB) sub-committee to examine proposal for inclusion of compensation in the policy...
Overview of 2018 for med-tech and expectations for 2019
With the value of Indian MedTech Industry expected to reach 9.5 billion dollars in the next 4 years from the current value of 6.3 billion dollars, the MedTech industry has been recognized as a sunrise sector. By Pavan Choudary 2018 has been a mixed year for the...
MTaI welcomes government’s decision to create NMDPC
Global companies support the Make-in-India program and expect a fair opportunity to contribute to the Indian patients with their global products and have proved their worth time and again Medical Technology Association of India supports central government’s decision...
MTaI seeks one time increase of 18% in MRP of medical device
New Delhi, Nov 20 - Medical Technology Association of India (MTaI) Tuesday asked the government to allow a one-time increase of up to 18 per cent in maximum retail prices (MRPs) of medical devices, including stents and orthopedic knee implants, in order to offset the...
AN IDEAL ROADMAP TO STRENGTHEN MEDTECH IN INDIA
By Probir Das Medical Technology, often referred to just as medical devices, is a critical pillar of advanced healthcare delivery throughout the world. In India till recently, medical devices had not gotten appropriate attention from policy designers. Currently...
