Economy Will Union Budget 2020 address Indian medical device manufacturers’ woes? Updated : January 21, 2020 02:39 PM IST Incentivise traders to become manufacturers rather than encouraging manufacturers to import and sell under their brands. The GST on medical devices gave a competitive advantage to imports by reducing the cost of equipment by over 10 percent. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.