Meeting with Mr. Navdeep Rinwa, Joint Secretary, Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers – 18th August 2020
AMCHAM’s Medical Technology Working Group met with Mr. Navdeep Rinwa, Joint Secretary Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers on August 18th over video call. The meeting agenda was to introduce AMCHAM and how the Medical Technology WG members were committed to India. AMCHAM members shared the Medtech presentation to DOP which focused on 1) the Health Cess and removal of BCD exemption on implants and the way forward 2) stability in pricing and regulatory policy – need for harmonized standards, knee price order and introduction of trade margin rationalization as a basis for pricing framework 3) Public Procurement Order – how can DOP as nodal Ministry support research to determine which products could be locally manufactured vs those that could not be. Members pointed out the current situation of the Medtech industry and the issues faced. It was a positive engagement with Mr. Rinwa where he encouraged members to come up with innovative solutions to the challenges. AMCHAM thanked Mr. Navdeep Rinwa for the meeting and for his valuable inputs.