New Delhi : Indian healthcare system has not been one of the best systems. Adding to this fact was the statement by Suresh Vazirani, CMD of Transasia Bio-Medicals Ltd which stated that each year, India loses over Rs 60 lakh crore in the sector.
Vazirani who was delivering a keynote address at 10th Medtech Conference of Confederation of Indian Industries (CII), said “Our Prime Minister’s vision to provide affordable health care to all has a deep economic rationale too.” He further added, “Each year, India loses over Rs 60 lakh crore due to productivity loss caused by poor healthcare infrastructure. To make affordable healthcare to all, we must ‘Make in India’ our medical technology needs. Healthcare cannot be made affordable if 70 per cent of India’s medical equipment is imported. Hence, India needs to prioritize medical technology adoption based on the local disease prevalence and promote investments in the targeted areas.”
