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Manufacturers Urge Govt to Revisit Tariffs on Medical Devices
Hindustan Times Noida
|March 24, 2025
India Imposes Basic Customs Duties (BCDs) Ranging From 0% to Mostly 7.5% on Medical Devices Imported From Countries Such as the U.S.
NEW DELHI: Indian Medical Device manufacturers want the government to revisit tariff structures for medical devices in the context of the Centre considering a reduction in import duties on medical devices in India.
Indigenous medical device manufacturers say tariffs levied by India on devices are already among the lowest globally, and that a further reduction will not be good for local manufacturers.
"We emphasize the need for the Indian government to revisit tariff structures considering the ongoing efforts to enhance health care security in India and address potential challenges arising from global health crises," said Rajiv Nath, forum coordinator, AiMeD in a statement.
Dit verhaal komt uit de March 24, 2025-editie van Hindustan Times Noida.
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