33.1 C
Delhi
Friday, May 9, 2025

Medical imports from China to reduce, to increase from Japan

Date:

Share post:

Donate-GC-Razorpay

India has taken a big strategic decision to hit two birds with one stone through medical diplomacy. Chinese companies will go through a loss of crores of dollars with India reducing its dependence on China for medical equipment, and importing a large portion of it from Japan. At the same time, India’s reliable ally, Japan, will get an opportunity for its companies to establish a stronghold in India.

The Centre is of the opinion that with this step, common patients will get the benefits of ultra-modern treatment equipment, because while the Chinese equipment are reasonable, but do not stand anywhere near the highest standards of the Japanese equipment. After the COVID-19 pandemic, the import of Chinese medical equipment to India increased by 57%. As per the Medical Technology Association of India, in the key category of medical equipment, import from China in 2020-21 was 327 million dollars (2681 crore rupees), which increased to 515 million dollars (4223 crore rupees).

Japan has shown its consent on fulfilling the needs of India. The final round of discussion regarding this step took place in the separate meeting of the Quad countries during the G20 meet.

Sonakshi Datta
Sonakshi Datta
Journalist who wants to cover the truth which others look the other way from.

Related articles

SS Innovations International, Inc., Makers of SSI Mantra, Makes Historic NASDAQ Debut

 SS Innovations International’s revenue surged to $20.6 million in 2024 — a 3.5x increase over 2023 —...

Pope Leo XIV: A Bridge Between Tradition and Renewal

The white smoke rising from the Sistine Chapel on Thursday marked more than just the end of a...

Putin welcomes foreign leaders in Kremlin ahead of Victory Day parade

Moscow: Russian President Vladimir Putin on Friday welcomed in the Kremlin foreign leaders who are expected to take...

Pak seeks international loans amid war losses, stock market crash

New Delhi: Pakistan's Ministry of Economic Affairs on Friday appealed to international partners for an urgent financial assistance,...