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At the release of the Recommendations of the Task Force on Medical Devices Sector in India on 08-April-2015 at a function held in Speaker Hall, Constitution Club, New Delhi.

Some highlights of the speech (1) First medical devices park will be set-up in Gujarat (2) NIPER, Ahmedabad made the nodal NIPER for medical research (3) Hon’ble FM has been requested to help domestic med devices industry by way of tax and infrastructural incentives. (4) Like NLEM, we also need to have an NLEMD (5) Once NLEMD is prepared by Ministry of Health, price regulation can be done by NPPA (6) Second medical devices park will be set-up at Chengalpattu (Chennai). Matter already taken up with Govt of Tamil Nadu (7) Medical devices are required to be made part of Department of Pharma (8) Secy(Pharma) was asked to prepare a time-bound Action Plan for implementing the recommendations (9) The present 5 billion USD industry has the potential to go up to 50 billion USD. (10) From being an importer, India will become exporter in this sector in the next 5 years. (11) This is a sunrise industry and we will start a new era of competing globally.