India may be advancing as a favoured destination for medical tourism. However, one industry which can make the medical service even more affordable is not being nurtured the way it should be is that of manufacturing of medical equipment indigenously. The country is the capital of diabetes and cardiovascular diseases, glucometers, ECG machines, patient monitor and stress test systems are still imported.This step will not only help reduce the huge import of sophisticated instruments but also bring in more people from foreign countries, benefitting the nation economically. Every year, we import materials worth Rs. 25000 crore. This shows that we have not realized the importance of having manufacturing units in our own country. China, for example, has several incentives for companies which set up manufacturing units, sometimes even legally binding them to have such units on their soil. We are well developed in terms of applied sciences like pharmaceuticals, information technology, bio technology, mechanical engineering and electronics, which will only help us grow well towards this direction. Said Dr.Velu, Founder and managing director, Trivitron Group of Companies. If we have local manufacturing of the equipment we need, the cost of medical services could be brought down by 30-35%.  added Dr.Velu who is also heading manufacturing subcomittee of CII MLED division. Even today, the industry is governed by Drugs and Cosmetics Act. If a separate department was to oversee the working of the industry and we take aggressive initiatives towards its development we could have a big industry in the next ten years, he said.