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
Heed to Ricardo’s advice, cut medical devices tariffs
Budget 2024-25 HEALTH: Cancer-hit to get duty-free drug balm
Finance Minister Nirmala Sitharaman announced the exemption of customs duty on three cancer medications, aimed at easing the financial burden on patients. The Finance Minister has additionally detailed changes in the Basic Customs Duty (BCD) on X-ray tubes and flat...
Medical devices sector hails Union Budget, expresses hopes for more measures
The medical devices industry hailed various measures announced in the Union Budget 2024-25, including the full exemption of customs duty for some of the X-ray machine components and emphasis on skilling which is expected to support healthcare skilling. SOURCE –...
FM Proposes to Reduce Customs Duty on Medical Equipments [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full Union Budget 2024 today before the parliament at 11 am. The Union Budget proposes the reduction of the customs Duty on various medical equipment. As an initiative to provide relief to the medical sector...
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...