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Import of key Chinese medical devices rises up to 152% till Dec FY23

Overall imports decline 8% in first nine months of FY23

Medical devices

Industry insiders felt this would help attract investors to the sector

Sohini Das Mumbai

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In the first nine months of financial year 2022-23, India’s exports of medical devices have grown by 17 per cent, while imports have declined by around 8 per cent, show the latest data compiled by the Association of Indian Medical Device Industry (AiMeD).

However, import of 30 medical devices from China has risen between 25 per cent and 152 per cent during this period, the AiMeD has written to Commerce and Industries Minister Piyush Goyal in March.

The AiMeD is an umbrella organisation of medical device makers.

In FY22, imports from China had grown by 48 per cent year on

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First Published: Apr 27 2023 | 7:34 PM IST

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