‘India to become a healthcare provider to the world’ |
The Medical device sector has a crucial role to play in improving accessibility and affordability of healthcare especially with regard to the availability of precision devices stated D V Sadananda Gowda , Union Minister for Chemicals & Fertilizers during his inaugural address at the 12th MedTech Global Summit .
We now must turn our attention to correct our high import dependence. Our pharmaceutical sector will become Atmanirbhar in a short period of 2-3 years, not only domestically but globally providing low cost and high-quality equipment and drugs. Our Product Linked Investment schemes will attract cumulative investment of INR 78,000 crore and generate 250,000 in employment, with Med tech attracting at least 40,000 crore and employing 140,000 new employees. The government is committed to providing low cost, affordable health care to every citizen through PMJAY and Ayushman Bharat with both schemes significantly reducing out of pocket expenditure for our citizens. The medical device industry has labored and helped prepare indigenous products in our fight against COVID, with our production of ventilators proof of the success of Indian indignity stated Piyush Goyal. It showed to the world that India can be a trusted partner when it comes to global engagement and global trade. This is the time to leverage the tools of technology to recharge our health systems with the power of: Access, Awareness and Availability, he added. Chandrajit Banerjee , Director General, Confederation of Indian Industry expressed his gratitude towards the Department of Pharmaceuticals and the phenomenal work undertaken through the recent PLI schemes launched for bulk drug parks and med tech parks. These are the progressive steps required for us to become Aatma Nirbhar. The Industry and Government need to work together to steer India to become global suppliers of medical Technology. There should be a greater streamlining of the regulatory process, a single national Med-Tech policy and a signal nodal body to govern and support the sector is imperative, he added. In this pandemic, all the healthcare ecosystem has come together, and have eliminated the need for importing stated Dr Naresh Trehan , Chairman, CII National Committee on Healthcare & Chairman & Managing Director, Medanta – The Medicity. In order to further move up the value chain, Med-Tech, the entire healthcare spectrum, Scientific Intuitions and Government need to be brought on to the same platform to allow for convergence. We need to make a plan to take to the government so that all stakeholders across can help collaborate and innovate. |
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The Medical device sector has a crucial role to play in improving accessibility and affordability of healthcare especially with regard to the availability of precision devices stated D V Sadananda Gowda , Union Minister for Chemicals & Fertilizers during his inaugural address at the 12th MedTech Global Summit .