India Proposes Curbing Foreign Tech Product Imports

Posted on by

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.

Continue reading…

India’s Medical Technology Industry

Posted on by

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.

Continue reading…

Dezan Shira & Associates

Meet the firm behind our content. Dezan Shira & Associates have been servicing foreign investors in China, India and the ASEAN region since 1992. Click here to visit their professional services website and discover how they can help your business succeed in Asia.

News via PR Newswire

Never Miss an Update

Subscribe to gain even better insights into doing business throughout the India. Subscribing also lets you to take full advantage of all our website features including customizable searches, favorites, wish lists and gift functions and access to otherwise restricted content.

Scroll to top