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Implementation of trade margin regime would help revive the medical devices sector: Industry experts

Updated : September 11, 2019 23:05:44 IST

In 2015, when foreign direct investment (FDI) on medical devices was put in the automatic route, it led to a sharp rise in foreign equity inflows. However, the latest data shows that FDI inflows to the sector have crashed to pre-2015 levels.

CNBC-TV18's Rituparna Bhuyan spoke to Pavan Choudhary, chief executive officer of Vygon India; Himanshu Baid, chairman of CII Medical Technology Division and managing director of Poly Medicure; Sanjay Bhutani, co-chairman of CII Medical Technology Division and Prabal Chakraborty, vice president and managing director of Boston Scientific India to understand the reasons and also asked them about the impact of Ayushman Bharat on demand for medical devices.
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