Diplomats France, Germany, Canada, UK explore medtech business prospects in India
MTaI hosted a high-level roundtable in New Delhi where medtech leaders and diplomats explored collaboration and new business opportunities.
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Union Budget 2023-24: Multidisciplinary courses for medical devices well received by industry
FM’s plan for multidisciplinary medtech courses may boost skilled manpower; industry hopes training centres get easy access to latest tech.
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Healthcare tech industry body seeks cut in customs duty, removal of health cess on medical devices in Budget
Ahead of Budget 2023, MTaI urges cuts in customs duty and health cess on imported devices, citing high costs and patient affordability.
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Thousands of contact lens businesses face disruption due to unpreparedness in sale licensing requirements: MTaI
MTaI welcomes CDSCO’s GSR 754(E) easing device sale licences, but urges clear mechanisms and transition time for compliance.
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Rupee likely to remain under pressure in near term, says experts
Rupee hit a new low, closing at 82.32/$, down 15 paise, pressured by high crude, Fed hikes, and a widening trade deficit; downside likely.
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MTaI urges the government not to levy TDS on free medical samples to doctors and clinicians
MTaI urges govt to reconsider TDS on free medical samples, warning it could disrupt the medtech sector and wider healthcare delivery.
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MTaI seeks removal of additional 5% tax on imported medical devices
MTaI urges Budget 2023–24 to cut device import duty to 2.5% and remove 5% health cess to improve patient access and affordability.
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CDSCO eases sale license rules, disrupts contact lens market
MTaI welcomes CDSCO’s simplified licence norms for device sales but seeks a 5–6 month transition period for smooth compliance.
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MTaI wants states be restrained from taking price decisions on medical devices, other products
MTaI urges states not to cap prices of COVID essentials, warning it could disrupt supply, raise costs, and hurt quality; NPPA should decide pricing.
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