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: 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...
Union Budget: Lower custom duty on import of medical devices, say experts
New Delhi, July 18 (IANS) Ahead of the upcoming Union Budget 2024-25, experts on Thursday called on lowering customs duty on import of global medical devices.Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2024 on July 23. Speaking to IANS,...
Government eases rules for global sourcing of medical gear
Allows global tenders for procurement of 354 medical deveices amid concerns over lack of domestic options The government has allowed global tenders to be floated for procurement of 354 medical devices after the health ministry raised concerns over the lack of domestic...