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Pharma and medical devices parks: the Indian healthcare sector becomes self-efficient !

Pharma and medical devices parks: the Indian healthcare sector becomes self-efficient !

Mansukh Mandaviya, minister of state for chemicals & fertilizers and shipping stated that the government is taking measures to ensure that the Indian healthcare sector becomes self-sustained.

Addressing the launch webinar of India’s 1st virtual exhibition and conference, ‘Virtual Healthcare and Hygiene Expo 2020’ (VHHE), organised by FICCI and supported by Ministry of Ayush, Goverment of India, Mandaviya said, “We are drafting rules to encourage private players to come forward to make pharma and medical devices parks in the country.”

Emphasizing on the need to promote Make in India, Mandaviya said that both Centre and State governments can become partners with initial equity, which they can exit at a later stage, once the project is operational. “Government can facilitate the process as the role of the government is not to run the business,” he said.

Mandaviya further added that health, hygiene & sanitation, medical textiles & devices, Ayush and wellness sector have assumed greater significance in our resolute fight against the pandemic. He said, “These segments have become a necessity for our self-protection.”

“The government is aggressively working in the healthcare sector and results have also started coming,” Mandaviya said.

Mandaviya added that VHHE has shown a new way to not only India but also the world. Using these platforms and technologies will help promote the entire health sector.

Dr Prathap C Reddy, chairman, Apollo Hospitals Group, said, “In India today, we can easily perform treatments which can be done in any part of the world. We have a large number of people employed in healthcare. We can double and triple it. India can become a global healthcare destination.”

Dr Sangita Reddy, president, FICCI said, “Let us create a self-sufficient India to serve the country, and let us also strengthen our sector so that India can serve the world in healthcare.”

Badhri Iyengar, chairman, FICCI medical devices committee and cluster managing director (SAARC & ASEAN), Smith & Nephew said that COVID-19 has given us the opportunity to be more creative and innovative. “The sector can also learn from the Indian pharma sector where it has established a name in the world. India’s economic recovery through the medical devices sector will offer high quality and affordable healthcare to all.”

The Virtual Healthcare & Hygiene Expo 2020 (VHHE) from 22-26 June 2020 is expected to witness participation of over 1,000 international buyers from 120 countries with 147 exhibitors.

Reference: Pharmabiz

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