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  • Dr Mansukh Mandaviya...

Dr Mansukh Mandaviya invites Japanese medical device companies for opportunities to Make in India

Ruchika SharmaWritten by Ruchika Sharma Published On 2023-05-17T15:30:12+05:30  |  Updated On 17 May 2023 3:30 PM IST
Dr Mansukh Mandaviya invites Japanese medical device companies for opportunities to Make in India
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Dr Mandaviya noted that "the medical devices sector has the potential to grow from its current size of US$ 11 bn to 4 times by 2030".

New Delhi: “The medical devices sector is an essential and integral constituent of India’s healthcare sector. The sector’s contribution became even more prominent as India supported the domestic and global battle against COVID-19 pandemic through large scale production of medical devices & diagnostic kits.” This was stated by Dr Mansukh Mandaviya, Union Minister of Health and Family Welfare, during his interaction with representatives of Japanese Medical Devices Companies, in Tokyo.

Dr Mandaviya noted that “the medical devices sector has the potential to grow from its current size of US$ 11 bn to 4 times by 2030”. He further stated that “backed by growing healthcare needs and govt’s commitment to facilitate growth, Indian medical devices industry has the power to emerge as the global leader in manufacturing and innovation in the next 25 years and we are committed to its growth and progress to become self-reliant and contribute towards the goal of universal health care in line with India’s G20 Presidency mantra of ‘One Earth, One Family, One Future."
Dr Mandaviya noted that “the medical devices sector has the potential to grow from its current size of US$ 11 bn to 4 times by 2030”. He further stated that “backed by growing healthcare needs and govt’s commitment to facilitate growth, Indian medical devices industry has the power to emerge as the global leader in manufacturing and innovation in the next 25 years and we are committed to its growth and progress to become self-reliant and contribute towards the goal of universal health care in line with India’s G20 Presidency mantra of ‘One Earth, One Family, One Future.

The Union Health Minister concluded his address by emphasizing that “with rapid strides in innovation, India is now on a momentous journey to take on the global arena in the sphere of medical devices and technologies” and invited Japanese Medical Devices companies to take advantage of these opportunities to “Make in India”, “Innovate in India”, and “Discover in India”.

Shri Vishal Chauhan, Joint Secretary, Health Ministry; and other officials of the Union government were present in the meeting.

Read also: Dr Mansukh Mandaviya interacts with representatives of Japanese Pharma Companies



Dr Mansukh MandaviyaMedical DevicesMedical Devices Companies
Ruchika Sharma
Ruchika Sharma

    Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751

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