Site icon PNI

World eager to invest in India’s MedTech sector: Mandaviya

GANDHINAGAR: Dr Mansukh Mandaviya, Minister for Health & Family Welfare and Chemicals & Fertilizers, Govt of India inaugurated India’s 1st ever MedTech Expo organized by the Department of Pharmaceuticals, Government of India jointly with FICCI, which is being held from 17th to 19th August at Helipad Exhibition Centre, Gandhinagar, Gujarat in presence of Mr Bhupendrabhai Rajnikant Patel, Chief Minister of Gujarat. The event was attended by Ms Rushikesh Patel, Health Minister Government of Gujarat; Ms S Aparna, Secretary, Department of Pharmaceuticals, Government of India; Mr Raj Kumar Chief Secretary, Government of Gujarat; Mr Tushar Sharma, Chair FICCI Medical Devices Committee; CEOs of Medtech industry; other luminaries from trade and industry; senior officials from Government of India and State Governments; exhibitors from medical device industry and buyers from India as well as abroad.

Addressing the inaugural session Dr Mandaviya said that the event is first of its kind, being organized as a co-branded event of G-20 Health Ministers’ Meet being held in Gandhinagar. Global MedTech industry is eager to invest in India due to transparent policies and holistic approach of the government, under the dynamic leadership of Hon’ble Prime Minister Shri Narendra Modi. The recent unveiling of National Medical Devices Policy, PLI schemes and development of Medical Devices Parks are some of the examples of the policy initiatives. As a result of all these efforts, global investors are getting attracted to India’s MedTech sector and many MNCs are willing to invest in the country. The Expo showcases best of current, as well as futuristic technologies in the medical devices sector. It brings together industry – foreign as well as domestic manufacturers including MSMEs, state governments, research and development institutions, startups, regulators and buyers. The Expo will go a long way in facilitating exchange of ideas and information, building collaborations and partnerships, promoting trade and investment along with research and innovation in the sector.

Mr Bhupendrabhai Rajnikant Patel, Hon’ble Chief Minister of Gujarat said, “The State is the hub of Pharma and MedTech industry in the country. It is because of the investor friendly policies of the state government that Gujarat accounts for around 33 per cent of India’s pharma production. We endeavour to provide all the impetus to the industry in the future as well and we are very hopeful of attracting more investors from around the world.”

Exit mobile version