Healthcare

AMTZ, FORGE Launch Innovation Hub at MedTech Zone Visakhapatnam Andhra Pradesh MedTech Zone (AMTZ) has announced partnership with FORGE Innovation & Ventures to launch a state-of-the-art Forge Factory, Academy, and Accelerator within the Medivalley Research Square at MedTech Zone, Visakhapatnam. This strategic collaboration aims to build the country’s strongest innovation ecosystem for medical technology—one that nurtures emerging entrepreneurs, accelerates product development, and strengthens India’s self-reliance in affordable healthcare solutions.In partnership...

AiMeD Welcomes Gujarat Govt’s Rollback of Dual Pricing Order on Cardiac Stents The Association of Indian Medical Device Industry (AiMeD) has commended the Gujarat government's decision to revoke its earlier order introducing differential pricing for cardiac stents under the Ayushman Bharat health scheme.Rajiv Nath, Forum Coordinator of AiMeD, expressed gratitude towards Gujarat Health Minister Rushikesh Ganeshbhai Patel and Union Health Minister Mansukhbhai Mandaviya for acting swiftly on their appeal. “We...

US Tariffs Threaten Growth of India’s Medical Device Industry The U.S. government has announced new reciprocal tariffs on around 60 countries, a historic move aimed at countering high global duties on American products. As part of this measure, Indian medical device exports to the U.S. will now face a steep 26% tariff, raising concerns about potential disruptions to the sector.On Thursday, the Association of Indian Medical Device Industry (AiMeD) expressed...

Indian Manufacturers Oppose Gujarat Govt’s Stent Pricing Policy The Gujarat government has issued a notification introducing a new pricing structure for stents under the Ayushman Bharat health insurance scheme. According to the order, stents approved by the United States Food and Drug Administration (USFDA) will be priced at Rs. 25,000 per unit, while those approved by the Indian drug regulator will cost significantly less—Rs.12,000 per unit.Currently, all drug-eluting stents (DES),...

AiMED applauds Govt’s decision to make Export Promotion Council for Medical Devices functional The Association of Indian Medical Device Industry (AiMED) applauds the Government of India’s landmark decision to make the Export Promotion Council for Medical Devices (EPCMD) functional, with members being onboarded, a long-standing demand of the industry that has now become a reality.“AiMED expresses its deep gratitude to the Union Minister of Commerce & Industry, Piyush Goyal, and extends...

Medical Device Industry Urges Govt to Ensure Healthcare Security with Balanced Tariffs The Association of Indian Medical Device Industry (AiMeD) today emphasized the need for the Indian government to revisit tariff structures considering the ongoing efforts to enhance healthcare security in India and address potential challenges arising from global health crises.In a statement, AiMeD expressed concern over the recent discussions surrounding the reduction of import duties on medical devices in...

Karnataka Govt. signs MoU with ZEISS India to enhance eye-care in rural regions ZEISS India signed a Memorandum of Understanding (MoU) with the Government of Karnataka to improve eye-care in the rural regions of the State. Driven by the Aloka Vision Programme by ZEISS, the 2-year long “Vidya Drishti” eye-testing campaign will be jointly executed by ZEISS India and the Government of Karnataka. Under the “Vidya Drishti Program”, optometrists from...

India’s Solar-Powered Tricycle Wins BRICS Award Andhra Pradesh MedTech Zone (AMTZ) has once again placed India on the global innovation map as its Solar Powered Tricycle wins the Outstanding Project Award at the BRICS Industrial Innovation Contest 2024. This breakthrough mobility solution, developed by the Assistive Technology Centre (ATC) at AMTZ, exemplifies a commitment to sustainable and inclusive healthcare technology.The award-winning Solar Powered Tricycle was officially launched by Union Minister...

India's Pharma Leaders Unite at National GMP Conference in AP MedTech Zone A national conference focusing on "Enhancing Pharmaceutical Quality Assurance through Good Manufacturing Practices (GMP)" brought together policymakers, industry leaders, and regulators at Andhra Pradesh MedTech Zone (AMTZ) today. Organized by the PHD Chamber of Commerce and Industry (PHDCCI) in collaboration with the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers and AMTZ, the event emphasized the critical role...

India Inc. Backs Ban on Import of Refurbished Medical Devices The import of pre-owned and refurbished medical devices into India will remain prohibited until a regulatory framework is established for such equipment, as clarified by senior officials of the Central Drugs Standard Control Organization (CDSCO) - India's national regulatory body for cosmetics, pharmaceuticals and medical devices. This announcement reinforces India’s stance on ensuring strict compliance with medical device regulations.CDSCO regulates...

AiMeD seeks monitoring of MRP of imported medical devices Monitoring of maximum retail price (MRP) of imported medical devices into India has been demanded by medical device manufacturers to provide truly affordable rates to the Indian consumers. In its Pre-budget memorandum to the Finance Ministry, Association of Indian Medical Device Industry (AiMeD) has highlighted that reduction of import duty on devices is an effort of the government that going in...

SANY India Redefines Development with Revolutionary Equipment as ‘Chariots of Development’ at bauma CONEXPO SANY India, a leading manufacturer of construction equipment, have inaugurated its stall at the Bauma Conexpo 2024. With the theme ‘Chariots of Development,’ SANY India emphasizes its commitment to contributing to India’s ambitious vision of Viksit Bharat at 2047 and further driving the infrastructure growth and development.The product showcase celebrates the pivotal role of construction equipment...

Electrical Installation Design for Hospital Operation Theatres l Critical Insights Given the critical nature of hospital Operation Theatres (OTs), well-planned electrical installations are crucial for operational efficiency, patient safety, and compliance with healthcare standards. To address these vital aspects, Mumbai-based Muhandiz Industries and Turkey's Aktif Elektroteknik recently organized an exclusive seminar on "Electrical Installation Design for Hospital Operation Theatres as per NEC SP30 2023 and IEC 60364-7-710" in Pune.This insightful event...

Deutsche Messe, German Hydrogen Assoc. invite entries for H2Eco Award In the run-up to HANNOVER MESSE 2025, Deutsche Messe AG and the German Hydrogen Association (DWV) are now jointly inviting entries for the H2Eco Award. This is set for presentation on 1 April 2025 on the stage of the Public Forum Hydrogen + Fuel Cells EUROPE during the world's leading trade fair for industry. The closing date for companies and...

RBI holds repo rate: What it means for India’s real estate sector The Reserve Bank of India (RBI) on Friday kept the key repo rate unchanged at 6.5% in its monetary policy review. This marks the 11th consecutive instance of no change in the rate, providing no immediate relief for home loan borrowers. Consequently, home loan interest rates are expected to stay steady for the time being, influencing potential homebuyers'...