Why 'Make in India' Matters in Medical Device Manufacturing: The SI Surgical Approach!
The 'Make in India' is one of the most vital initiatives that started in 2014 with a point of view of reshaping India's industrial landscape. Since then, the medical device manufacturing industry has also flourished rapidly to meet global requirements. The main purpose of the Make in India initiative is to reduce global dependency and enhance self-sufficiency from all prospects, especially in the healthcare sector. A recent report stated that India's healthcare sector will reach $50 billion by 2030 by adopting the 'Make in India' initiative.
To fulfill this strategy, one of the top medical device manufacturers in Kolkata, SI Surgical, is trying hard to create a benchmark in the global healthcare industry. Through this blog, we will discuss how SI Surgical is working hard regarding quality control of medical instruments and align its journey towards fulfilling of 'Make in India' approach.
Necessity of 'Make in India' Approach in Medical Device Manufacturing
Self-sufficiency should be the motto of every developed nation. As a developing country, India is moving towards a developed country through a self-sufficiency approach in medical device manufacturing. Let's discuss the necessity of 'Make in India' approach in the healthcare industry-
1. Reduction of import dependency
- India currently imports 70 to 80% of its medical instruments, including high-grade medical equipment such as robotic surgical tools and imaging systems.
- The imported cost of medical devices works as a burden for the government. In such a case, the government runs by huge losses.
- SI Surgical mainly manufactures high-quality surgical instruments as per the international and national medical standards to meet the requirements of the vast number of hospitals and medical institutions in India and reduce foreign dependency.
2. Enhancing India's manufacturing strength
- India is self-sufficient regarding engineering work, 3D printing, robotics, and artificial intelligence. With the help of this unique technology, any experienced medical instrument manufacturing company can easily make high-quality medical instruments.
- India is famous for low-budget skilled laborers. India is trying to utilize its vast population to streamline industrial work. It helps Indian medical instrument manufacturers like SI Surgical to manufacture competitive and cutting-edge medical instruments at a lower price.
3. Industrial friendly policy
- The government has already introduced industrial-friendly policies that help the manufacturing industry to perform their manufacturing task efficiently without any hassle. PLI scheme offers 5% financial support for domestic medical instrument manufacturers to boost their production process devastatingly.
- Infrastructure subsidies from the government help industrialists and manufacturers to reduce their production costs and focus on research and development tasks.
- 100% foreign direct investment in the medical instrument manufacturing field helps reputed manufacturing companies to produce medical instruments as per international standards. It is vital to enhance the scope of medical instruments exporting.
How SI Surgical works for the 'Make in India' approach
If you want to buy top-quality medical instruments from an Indian company, you must search online for the best medical device manufacturing company near me. In such a case, you must find the name of SI Surgical as the top medical instruments manufacturer. Let's discuss how SI Surgical works efficiently towards the ' Make in India' approach.
- SI Surgical produces the latest OT instruments as per the NABH and WHO guidelines.
- SI Surgical mainly focuses on localized production to fulfill the demand for diverse India's healthcare infrastructure.
- Integration of AI-driven medical instruments and IoT- enabled OT instruments to fulfill the global standard, which is vital for export quality.
- Robotic assisted and cost effective surgical instruments fulfill the global requirements. Presently SI Surgical exports its medical instruments more than 30 countries to fulfill the 'Make in India' concept.
Conclusion
With the help of government-aided funds and the 'Make in India' approach, SI Surgical mainly concentrates on research and development work for medical instrument manufacturing. It helps the hospital, surgical institutions, and healthcare sectors get the best quality medical instruments at an affordable rate.
