TNPSC Thervupettagam

Export promotion council for medical devices

September 27 , 2022 793 days 637 0
  • The new Export promotion council would have headquarters in Yamuna Expressway Industrial Development Authority (YEIDA), Greater Noida, Uttar Pradesh.
  • Its regional offices will be in Visakhapatnam and Hyderabad.
  • It will be overseen by a committee of administration, which will have both nominated and elected members from the government and medical devices industry.
  • The EPC will help in the promotion of export of medical devices at the global market through various initiatives that ensure their promotion.
  • It will come under the aegis of the Department of Pharmaceuticals, Ministry of Commerce and Industry.
  • India had exported Rs 23,766 crore worth of medical devices in FY22.
  • This is an increase from the previous year’s figure of Rs 19,736 crore.

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