Union Minister Mansukh Mandaviya urges to boost local production of medical devices, says sector has potential growth
Mandaviya urged industry participants to make concrete efforts toward increasing the localization impact and deepen the domestic manufacturing of components.
New Delhi: Union minister Mansukh Mandaviya has exhorted the industry to take concrete efforts towards increasing local production of medical devices while stressing that the sector has huge potential for growth in the domestic as well in global markets, the Chemicals and Fertilizers Ministry said on Wednesday. In a meeting held on Tuesday, Mandaviya interacted with six industry participants of the PLI schemes for medical devices that have successfully commissioned projects, the ministry said in a release.
The minister noted that the medical devices sector in the country has huge potential for growth in domestic as well in global markets.
He stated that manufacturing of medical devices in India shall be a significant step forward in strengthening the domestic supply chain, it added.
