About MTaI
MTaI is an association of research-based medical technology companies who have made remarkable investments by setting up large number of R&D centres and manufacturing plants in India. MTaI represents a wide spectrum of the medical device and equipment industry with global experience in innovation and manufacturing.
All the time stressing on the three hallmarks of healthcare – Quality, Consistency and Patient Safety, we want to be a responsible voice of the industry. We are committed to improving access to affordable and quality healthcare for patients… Read More
Union Budget 2024-25
Nirmala Sitharaman, Minister of Finance & Corporate Affairs, presented the Union Budget 2024-25 in the Parliament on July 23, 2024. In Priority3, the FM laid emphasis on the healthcare sector. "Ourgovernment is committed to all-round, all pervasive and all...
Union Budget 2024 makes cancer battle friendlier; raw deal for mental healthcare
Experts hope the marginal increase in health sector allocation will translate into higher public spending reducing out-of-pocket expenditure of individuals While out-of-pocket expenditure in India has reduced from 64.2 per cent of the total health expense in 2014 to...
Union Budget 2024: Mixed reactions from healthcare and medical industry experts
From praise for cancer treatment cost cuts to calls for more R&D incentives, reactions reflect diverse views on fiscal health policies. ( Excerpts from their statements) Jyotsna Govil, Chairperson of the Indian Cancer Society: “Our Finance Minister Nirmala...
Budget provides customs duty exemptions for three cancer treatment drugs
Finance Minister proposes changes in the basic customs duty on X-ray tubes and flat panel detectors’ provides ₹2,143 crore as production linked incentives for the pharmaceutical industry The Union government has continued its emphasis on tackling non-communicable...
Union budget 2024: Family welfare schemes get a major boost
Allocation for family welfare schemes saw a 35% increase Even as the overall increase in budget allocation in health sector is marginal, family welfare schemes have seen a rise of a whopping 35 per cent indicating the community approach taken by the government....
Limited mention of healthcare sector in Union Budget 2024; Longstanding demands go unaddressed: Experts
The health sector was expecting the health budget to be increased to 2.5 per cent of GDP, promotion of medical value tourism and reduction in taxation which were not mentioned in the budget presented by the FM. However the industry welcomed the move of exemption of...