Regulatory, supply chain issues weigh on medtech sector
Business Standard|September 16, 2024
Despite India's $10 billion medtech market and the country's potential to become a global manufacturing hub, scaling businesses in the sector remains challenging.
ANJALI SINGH

Experts attribute it to hurdles such as an underdeveloped supply chain, regulatory complexities, and talent gaps.

One of the key issues is the lack of a robust local supply chain, which was highlighted at this year's annual health conference ‘Scale-Up Health 2024'. Indian medtech companies struggle with a shortage of component suppliers, which limits their ability to scale operations and compete on pricing. Anish Bafna, MD and CEO of Healthium Medtech, emphasised that the country needed more component suppliers to support its growing manufacturing needs.

هذه القصة مأخوذة من طبعة September 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 16, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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