Ananth Kumar,Minister of Chemicals and Fertilizers, Government of India

'It is time for this sector to fly like butterfly and the pharmaceutical and medical device to be spun off as a separate ministry of pharmaceutical and medical device. I have recommended this to the Prime Minister and this request is under active consideration by the PM and the PMO.'

Ananth Kumar
Minister of Chemicals and Fertilizers,
Government of India

Medical devices will be soon delinked from the pharma sector so that these can chart a distinct and definitive course along with a facilitating regulatory frame work. Till now, the medical device sector has been governed by the Drugs and Cosmetics Act, 1940. For pharma manufacturing purpose, the nodal authority has been the ministry of chemicals and fertilizer. Globally, the medical device industry is completely separate from pharma sector and is governed by separate set of legislations and regulatory framework. The government has also decided to bear the cost of effluent treatment plants and provide some basic facilities free of cost at the upcoming medical device parks in states such as Andhra Pradesh, Haryana, Gujarat, and Maharashtra, to make this sector globally competitive. This move has the potential to bring down the cost of medical device manufacturing in India by about 30 percent.

10 Diagnostic Imaging Trends for 2018


Digital version