Med devices supply chains could be hit

Indian medical device makers are staring at a major trade setback after the US administration slapped a steep 27% tariff on exports from India.

- Priyanka Sharma

The move threatens to disrupt supply chains, slow industry growth, and create new barriers for manufacturers looking to expand in the world's largest healthcare market.

The Export Promotion Council of Medical Devices, under the department of pharmaceuticals and the department of commerce, has submitted preliminary inputs to the Centre, analysing the impact and outlining potential countermeasures.