Union Cabinet approves Medical Devices Policy; here’s what industry leaders say

The Union Cabinet on Wednesday approved the medical devices policy. According to Health Minister Mansukh Mandaviya, the aim of this policy will be to promote industry in a “holistic manner” from the current size of $11 billion to $50 billion over the next five years.

During the coronavirus pandemic, the country’s medical devices sector played a crucial role in the large scale production of medical devices and diagnostic kits, such as Ventilators, Rapid Antigen Test kits, Real-Rime Reverse Transcription Polymerase Chain Reaction (RT-PCR) kits, Infrared (IR) Thermometers, Personal Protective Equipment(PPE) Kits and N-95 masks.

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