‘Sunrise’ MedTech Industry in India & ‘Clouds’ strangling it, Brainstormed in PHD

New Delhi: It was hope alternating with despair in the brainstorming session organized under the joint aegis of PHD and ICMR around theme ‘Health Horizons: Defining the Future of Health Products’.  Though swagger words like ‘Viskit Bharat’,  ‘Atmanirbar Bharat’ and ‘Make in India’ interspersed  the discussion, the leap of faith that like being pharmacy of the world, India one day will become a global hub of medtech sounded  at best wishful. Enormous power of import lobby seemed breathing hard over the necks of dreamers. Elephants in the room were only touched upon tangentially.

The event organized yesterday (July 24) in the oval office of PHDCC brought together leading industry figures and policymakers to explore the future of health products in India. The conference was attended by more than 100 industry leaders from all over the country.

Dr. Rajeev Singh Raghuvanshi, DCGI, CDSCO, Ministry of Health and Family Welfare, Government of India as chief guest projected a fivefold growth in India’s medical devices industry by 2030, underpinned by supportive policies and innovation. He emphasized the need for domestic development of current reagents, which are largely imported.

Dr. Madhur Gupta, Technical Officer at the World Health Organisation highlighted the importance of developing in-house diagnostic reagents to align with Make in India and Atmanirbhar Bharat initiatives. She also discussed WHO’s focus on multiplex diagnostic kits capable of diagnosing multiple diseases from a single blood drop.

The take of Mr. Srinivasa Reddy, Sr. VP – Operations, QRA, and Government Affairs at S S Innovation, the maker of best of class surgical robot ‘Mantra’ under Make in India scheme of things provided rallying points. Mr Reddy reviewed the Union Health Ministry’s increased budget allocation and the reduction in import dependency in the medical devices sector. He called for enhanced support for local manufacturing and a standardized nomenclature for medical devices.

Rajiv Nath, Managing Director of Hindustan Syringes & Medical Devices Ltd in his special address on the theme’ Creating a Manufacturing Ecosystem in Medical Devices’ did some straight talking. Mr Nath, one of greatest champions of Make in India and leader of domestic medtech industry, highlighted the huge potential of India in the domain and the enormity of import lobby strangling it. As a dyed in the wool fan of PM Modi, Mr Nath’s speech on the subject is never plain playing to the gallery and is often characterized by some rough edges. Mr Nath duly shed light on the pain points hindering Make in India ambition of India  

Dr. Ravinder Singh, Senior Scientist at ICMR delivered a theme address on the critical need for proper classification of health products to ensure standardization, regulatory compliance, and effective healthcare delivery. Dr. Atantra Das Gupta, Co-Chair of the Medical Device Committee at PHDCCI and Head of Samsung HME, delivered the welcome address. He highlighted PHDCCI’s role in promoting Indian industry and the critical importance of health product classification for standardization, regulatory compliance, and effective healthcare delivery.

The inaugural session was moderated by Dr Nasir Jamal, Senior Secretary, PHDCCI.The conference featured a dedicated session on defining and categorizing health products, emphasizing their roles in preventing disease, promoting health, managing health problems, and providing rehabilitative, assistive, or palliative care. The session, chaired by Dr. Kamal Kishore, Professor & Head (Retd.), Department of Pharmacology at AIIMS, New Delhi, featured a diverse panel of experts. Dr. Azadar Khan, Senior Vice President of India Regulatory Affairs & Corporate Relations at Sun Pharma Ltd, spoke on drugs and medicines. Mr. Neeraj Gupta, Founder and CEO of Genes2Me Pvt. Ltd, addressed diagnostics, while Dr. Ravinder Singh, Senior Scientist at ICMR, discussed assistive products. Mr. Praveen Srivastava, Senior Director at CDAC, MeitY, explored digital and health technology. Mr. K. Vijay Kumar Gupta, CEO of Kwality Photonics, RAYPURE-LEDchip Indus Pvt. Ltd, presented on human-friendly disinfection through lighting. Lastly, Dr. Salaj Rana, Scientist C at ICMR, highlighted convergence augmentative technology (CAT).

At the end of the conference, two special addresses were delivered. Mr. Avijit Bansal, Fellowship Director at the National Center for Assistive Health Technology, AIIMS, New Delhi, gave a compelling talk on ‘Fostering Med-tech Innovation in India.’

Related Posts

To Eat or not to Eat, if this Dilemma is ‘Eating’ you, ‘Eat’ this Book

New ‘Bible’ of Nearly ‘Ideal’ Eating hit stands to become Instant Best Seller New Delhi: You are a veritable Hamlet when it comes to the question, to eat or not…

Moonshot, SS Innovations displayed Battle Readiness for Monumental Goals in Robotic Surgery

Bharat Mandapam witnessed Spectacle of Crazy Innovations by Maker of Ssi Mantra, Best in class Surgical Robot New Delhi: It was a veritable display of innovative potential and prowess of…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

World’s First Malaria Treatment for Newborns and Young Infants Receives WHO Prequalification

World’s First Malaria Treatment for Newborns and Young Infants Receives WHO Prequalification

FIR Lodged Against Pharmacist in Chandauli for Working Nearly 10 Years on Forged Documents

FIR Lodged Against Pharmacist in Chandauli for Working Nearly 10 Years on Forged Documents

Laughing all the Way to Health with Sir Ganga Ram Hospital

Laughing all the Way to Health with Sir Ganga Ram Hospital

Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

Pak-made illegal cosmetics recovered from Itwari shop

Pak-made illegal cosmetics recovered from Itwari shop

Licences of 20 medical stores suspended after inspections

Licences of 20 medical stores suspended after inspections