FDI Inflow Into Hospitals & Diagnostic Centres Grows 89 Per Cent in 2023-24

The Foreign Direct Investment (FDI) equity inflow into the hospital and diagnostic centres sector in the country has witnessed a growth of around 89 per cent during the fiscal year 2023-24, while the foreign equity infusion into the medical and surgical appliances sector grew 21.6 per cent during the financial year compared to the previous year.

Medical Device Import Grows In Last One Year In India

In 2023–24, the fiscal year's import of medical devices was Rs. 68,885 crore, while the previous fiscal year's imports were Rs. 61,179 crore. It should be mentioned that compared to the Rs. 63,276 crore reported in the previous fiscal year, imports during 2022–2023 decreased by 3.31%..