Government launches Scheme for "Promotion of Medical Device Parks"

COVID-19 pandemic highlighted the shortcomings in India’s manufacturing capabilities in med-tech devices and equipment. In this regard evaluate the potential impact that the Medical device parks scheme can have on the health sector ecosystem of India. (150 Words)

Approach:

• Introduce by defining medtech and describing India’s position in this sector
• Highlighting the importance of medtech industry and its future potential
• Enumerate major provisions of Medical device parks scheme, Discuss how it can give a boost to medtech sector
• Way forward
• Conclusion