Boost for Medical Device Exporters as New Directive Expands Certification Authority
In a significant development for India’s medical device industry, the Directorate General of Foreign Trade (DGFT) has authorized the Export Promotion Council for Medical Devices to issue Registration-Cum-Membership Certificates (RCMC), facilitating smoother exports and streamlined customs processes.
Key Points:
- Medical device manufacturers now have additional support from the EPC for Medical Devices to obtain essential RCMCs.
- The directive, effective from June 23, 2023, addresses critical challenges hindering exporters from accessing RCMCs under the RODTEP scheme.
- RCMCs issued by the EEPC India remain valid, ensuring continuity during the transition phase.
- While the EPC for Medical Devices is not fully operational, temporary measures are in place to support exporters.
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Industry Reaction:
- AIMED welcomes the initiative, highlighting its importance in enhancing India’s global presence in medical device manufacturing.
- Rajiv Chhibber, VP at Sahajanand Medical Technologies Ltd, underscores India’s growing leadership in medical device exports.
Future Outlook:
- India’s medical device industry, valued at $11 billion, is poised to grow to $50 billion by 2030, reinforcing its global competitiveness.
This directive marks a crucial step towards establishing India as a global hub for medical device manufacturing, supporting quality and growth in the sector.
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