Report urges India to reduce medtech imports

09/4/2013 | BioSpectrum Asia

A report on prospects for universal health care urges India to strengthen its domestic medical technology industry, pointing out that 75% of medical devices in the country are imported. The report, prepared by the Federation of Indian Chambers of Commerce and Industry in collaboration with Ernst and Young, also noted that the number of people covered by government health care programs increased from 37 million to 243 million from 2004 to 2010, with the number expected to jump to 500 million by 2015.

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