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Medical devices industry needs to focus more on local value addition: Pharma Secy
The medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry suggestions for PLI scheme beneficiaries. Many companies invested but could not claim incentives for various reasons. The government aims to incentivize component makers more than assembly operations. Increased domestic value addition is a key objective for the sector.
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economictimes.indiatimes.com
Medical devices industry needs to focus more on local value addition: Pharma Secy
The medical devices sector must increase local value addition and component manufacturing. Government officials are open to industry suggestions for PLI scheme beneficiaries. Many…
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thehindubusinessline.com
Medical devices sector to get push for local value addition and component manufacturing
Pharma Secretary Manoj Joshi called for more local value addition and component manufacturing in medical devices and said PLI issues are under review.