Med-tech majors are now working on a strategy to capitalise on the National Medical Devices Policy’s (NMDP) favourable regulatory environment to enhance manufacture.

By promoting innovation and research, and offering financial incentives, businesses in the medical device sector can benefit policy by improving their manufacturing capabilities, supply chain efficiencies, reducing their dependence on imports, and expanding their market share, stated Chandra Ganjoo, group chief executive officer, Trivitron Healthcare.

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