IMA & AIMED sign MoU to promote India manufactured medical devices

IMA & AIMED sign MoU to promote India manufactured medical devices

Under IMA ‘Cure in India’ and “Buy Indian” initiatives, focus on building product credibility, affordability and to enhance user confidence both domestically and internationally

MoU to give big push to manufacturing & innovation within India

New Delhi, 24^th April, 2015: In an initiative which could be a game changer for India manufactured  medical devices while giving a big push to its export, Indian Medical Association (IMA) and Association of Indian Medical device Industry (AIMED) have signed an MoU to promote ‘Cure in India’ and “Buy Indian” initiatives which encourage use of India manufactured devices in healthcare sector along with Indian medical expertise.

Under the scheme of things, IMA will encourage medical fraternity to go ‘One Step beyond Endorsement’ for India manufactured medical devices which would be approved by IMA based on stringent internationally accepted quality parameters.

As per the MoU, IMA and AIMED will establish joint mechanism to promote Indian medical device industry and under their ‘Cure in India’ and “Buy Indian” initiatives will give users and consumers access to ‘IMA preferred Brands of Safe Indian Medical Devices’ that are affordable.

The move is likely to have a huge positive impact on ‘Make in India’ program while giving a big shot to manufacturing of medical devices within the country.

“This MoU will give a big push to manufacturing and innovation in Indian medical device industry while promoting Indian healthcare sector as a whole,” said Mr Rajiv Nath, forum Coordinator of AIMED.“This initiative will also help reduce country’s huge import dependency in medical device sector while encouraging exports,” added Mr Nath.

“IMA is committed to provide cost effective quality health care to the community” said Padma Shri Awardee Dr A Marthanda Pillai , National President IMA.

“IMA is of the view that for those consumables and devices which are manufactured in India and approved by appropriate authorities, no reimbursement should be given to foreign devices”, said Padma Shri awardee, Dr K K Aggarwal Honorary Secretary General IMA.

Under the joint mechanism, both Associations will soon roll out promotional campaigns to achieve the objectives of this MoU.

About IMA: Indian Medical Association is the only representative, national voluntary organization of Doctors of Modern Scientific System of Medicine, which looks after the interest of doctors as well as the well being of the community at large. It has its Headquarter in Delhi and State / Terr. Branches in 29 States and Union Territories. It has over 2,53,000 doctors as its members through more than 1650 active local branches spread across the country.