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FDI In India’s Medical Devices Sector Plunges, Experts Blame Price Controls

 
• By Penelope MacRae

FDI in India's medtech sector has plunged to levels last seen before investment in the sector was liberalized and the Indian association representing global medical technology firms says government-imposed price controls are to blame.

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Four years after India allowed 100% foreign direct investment (FDI) in the medical device industry through the “automatic route” requiring no government approval, inflows have crashed.

The Indian association representing multinational medical technology firms blames government price controls imposed on prices of stents and knee

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