MTaI in News
Diplomats France, Germany, Canada, UK explore medtech business prospects in India
MedTech industry leaders and diplomats from various embassies exchange ideas to explore new business avenues Medical Technology Association of India (MTaI) which represents leading research-based medical technology companies with significant investments in...
Union Budget 2023-24: Multidisciplinary courses for medical devices well received by industry
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...
Healthcare tech industry body seeks cut in customs duty, removal of health cess on medical devices in Budget
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...
MTaI demands removal of additional 5% cess on imported devices & reduction of custom duties in Budget 2023-24
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...
Budget 2023: What does the industry want?
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...
New CDSCO notice simplifying sale license requirements disrupts contact lens business: MTaI
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...
Thousands of contact lens businesses face disruption due to unpreparedness in sale licensing requirements: MTaI
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...
Rupee likely to remain under pressure in near term, says experts
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...
MTaI urges the government not to levy TDS on free medical samples to doctors and clinicians
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...