Medical Devices Could be a $30B Industry in 10 Years
Sunday, March 1, 2015
Source: The Economic Times
The medtech industry in India could be worth $25 billion to $30 billion over the next 10 years with the proper regulatory structure and appropriate government policies, AdvaMed India Working Group Chairman Sanjay Banerjee said Thursday. The group is also calling for a lower duty on lifesaving devices and is urging India's government to establish an ecosystem for the sector's growth.