Tag: India Technology

India Proposes Curbing Foreign Tech Product Imports

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Jan. 9 – The Indian government has proposed significant curbs to the importation of foreign technological products. If successfully implemented, this regulation will require a large percentage of technological goods to be manufactured locally. This plan reflects the government’s strong desire to compel foreign firms to increase their manufacturing operations in India.

While the specifics of this plan are still in draft form, it is causing much anxiety among global technological companies. To comply with this regulation, foreign firms would have to quickly establish factories within India or risk losing their current business.

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India’s Medical Technology Industry

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May 10 – There are many definitions of what is known as ”medical technology.” Officially, it is known as healthcare products (devices, equipments as well as consumables/ supplies) that are meant by its producer to be used particularly for investigative and/or therapeutic purposes.

There can be no superior illustration than India to demonstrate the requirement for medical technology for civilizing healthcare delivery. As the second most crowded country in the world, the supply of healthcare services falls considerably short of the demand. Existing health care delivery mechanisms are insufficient to meet the ever-growing needs of the Indian population, particularly in smaller towns/ rural areas. The limited healthcare facilities obtainable in the country are tilted more in favor of the rich and affluent class of population.

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