Try GOLD - Free

R.I.P (2020-2022)

Business Today India

|

August 21, 2022

ONCE IN SHORT SUPPLY DURING THE PEAK OF USED IN THE PANDEMIC, VITAL PARAPHERNALIA THE PREVENTION AND TREATMENT OF COVID-19 REMAIN UNSOLD OR UNUSED, PUTTING MANUFACTURERS IN A SPOT

- NEETU CHANDRA SHARMA

R.I.P (2020-2022)

RAMBA SINGH, A DELHI-BASED medical equipment distributor, is eagerly waiting to free up space in his warehouse, now occupied by over a dozen oxygen concentrators that he bought in March 2021 when India was reeling under the second wave of the Covid-19 pandemic. The Chinese concentrators, which Singh had bought from domestic companies for ₹25,000 each and rented out for at least ₹10,000 a day to Covid-19 patients, haven’t been used for over a year. “Since there is no demand, I offered these to small local hospitals at throwaway prices, but they didn’t want them,” says Singh, who plans to donate them to charity since he has already recovered their cost.

Ventilators, oxygen concentrators, personal protective equipment (PPE) kits, oxygen cylinders and many other items that were considered life-savers during the initial days of the pandemic are now gathering dust at hospitals and manufacturing units. These commanded premium prices when Covid-19 was at its peak, but with the infection curve seeing a downward trend after December 2021, these products are no longer in demand.

CHALLENGING TIMES

“These are very challenging times for manufacturers of Covid-19-critical medical devices who had invested in plants and production lines for FFP2 (N95-equivalent) masks, surgical masks, oxygen therapy (ventilators, oxygen concentrators, high nasal flow oxygen equipment), syringes, etc., as demand has ebbed sharply and manufacturers are left with huge capacities of plant and machinery and unsold inventories,” says Rajiv Nath, Forum Coordinator, Association of Indian Medical Device Industry (AiMeD).

MORE STORIES FROM Business Today India

Business Today India

Business Today India

The Start-up She-shift

Women founders are reshaping India's start-up landscape-breaking biases, defying funding gaps, and proving that entrepreneurship is no longer a space they're expected to enter quietly or temporarily

time to read

4 mins

December 21, 2025

Business Today India

Business Today India

The Male Gaze at Work

Can India Inc. truly progress if the male gaze continues to shape women's everyday reality at work?

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Towards Financial Independence

While gold and FDs were once the default option, today's women are exploring MFs, equities, and other financial products

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Clothes Maketh A Woman?

Appearance expectations don't always show up as written dress codes or grooming rules. More often, they seep into culture in quiet but powerful ways

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

BEST Management Advice

Learning is a constant process and the world that we live in today demands both un-learning as well as learning. So, work to enhance your skills and build your knowledge

time to read

2 mins

December 21, 2025

Business Today India

Business Today India

Transforming Women's Rights

The Labour Codes will not only unlock the untapped potential of the female workforce but also empower women through increased participation in the economy

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

Ambition versus Biology

Elective egg freezing once largely a medical necessity-has gradually transformed into a planned step in long-term career and life strategy

time to read

4 mins

December 21, 2025

Business Today India

Business Today India

The Silent LOAD

Women are climbing the career ladder, but invisible burdens and structural barriers are still weighing them down

time to read

5 mins

December 21, 2025

Business Today India

Business Today India

Understanding Egg Freezing

For many, egg freezing is not about delaying motherhood; it is about keeping a door open

time to read

3 mins

December 21, 2025

Business Today India

Business Today India

A Bigger Canvas

For Ritu Gangrade Arora, Country Head- India, Allianz Services Pvt Ltd, the latest venture seems like a new beginning

time to read

2 mins

December 21, 2025

Translate

Share

-
+

Change font size