AiMeD calls for excluding medical devices from India-EU Free Trade Agreement ...Middle East

New Delhi: The Association of Indian Medical Device Industry (AiMeD) on Tuesday urged the government to exclude medical equipment and consumables from the list of EU Free Trade Agreement (FTA) items. This comes in view of the steep growth in imports of medical devices from Europe and other countries into India amidst the ongoing India-EU FTA talk. In a letter written to the Commerce Ministry, the AiMeD noted that the imports of medical devices in India have grown at a staggering rate of 68 per cent in the last four years. Currently, India is dependent on imports to the tune of 70 per cent. At a time when India’s existing import duty on medical devices is already very low (0.0 per cent-7.5 p

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Last updated : 24 September 2024 clock 05:04 PM

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AiMeD calls for excluding medical devices from India-EU Free Trade Agreement ...Middle East

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