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India’s medical consumables export
May 13 , 2024
49 days
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- India has now reversed an old trend to become a net exporter of medical consumables and disposables, a first for the country.
- Till now, the foreign products dominated the country's market for medical consumables, which include needles and catheters, among other things.
- During the fiscal year 2022-23, the country exported consumables and disposables valued at $1.6 billion.
- It is surpassing imports which amounted to approximately $1.1 billion.
- Exports witnessed a 16% increase over the previous fiscal year, whereas imports saw a 33% decline.
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