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Union Cabinet approves Medical Devices Policy; here’s what industry leaders say

27 - April - 2023

Dr. GSK Velu, Chairman, and MD of Trivitron Healthcare said that this policy will drive accelerated growth, promote innovation, and create new jobs in the sector.

The Union Cabinet on Wednesday approved the medical devices policy. According to Health Minister Mansukh Mandaviya, the aim of this policy will be to promote industry in a “holistic manner” from the current size of $11 billion to $50 billion over the next five years.

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