Earlier margins were as high as 709% for some devices; revised prices will come into effect from July 20
The tech firm, which developed the smart thermometer, is run by an Indian-origin founder
Maharashtra minister Subhash Desai on Monday said 185 ventilators supplied under the PM CARES fund to Aurangabad district were faulty and need to be replaced.
The US on Wednesday said the vaccine components it has supplied to India this week will enable the manufacturing of 20 million doses of the Covishield vaccine
For next three months, importers have to make declarations under the legal metrology rules
The government on Thursday allowed import of 17 medical devices for three months with mandatory declarations immediately after custom clearance and before sale of such products in the domestic market
A senior government official said India was urgently looking at augmenting oxygen supply
Last year, the govt introduced a PLI scheme for mobile phones, electronic components, critical pharma drugs and medical devices, which saw huge traction among global as well as Indian manufacturers
India is largely dependent on imports for medical devices, and ships in around Rs 42,000 crore worth of devices
The government has approved applications from several medical devices manufacturers under the Production Linked Incentive (PLI) scheme for the promotion of domestic manufacturing
The bulk drug park is will be located in Tiruvallur district in an artea of 2,000 acres. The proposed cost for developing this project is Rs 2,153 crore
Close to 75% of medical devices are imported leading to forex loss
Importers and manufacturers require to take licence for the import and manufacture of nebulizers, BP monitoring devices, digital thermometers, and glucometer
Medical devices maker Omron Healthcare India is eyeing 27% rise in revenue to Rs 150 cr in FY21 on the back of increased awareness about home monitoring among people, a top company official said
The demand for pulse oximeter has spiked more than 300 per cent since the first Covid-19 case was identified
Here are some gadgets that can help with that and advice from experts on how to use them.
The Covid-19 cases in the UAE stand at 25,063. The deadly virus has also claimed 227 lives in the country.
In talks with Medtronic and Abbott on relocating units
Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials
Indian players who have invested in their units to rise up to the occassion say they may end up with idle capacity once Chinese firms ramp up production and bring prices down