India Eyes Tripling Medical Device Exports To Russia In 5 Years!-30 April

Proud to say

IamSMEofIndia

Gateway to the world of
Meaningful, Progressive, Growth-Focused Entrepreneurs
building the New India

www.iamsmeofindia.com

IamSMEofIndia Business Update

India Eyes Tripling Medical Device Exports
To Russia in 5 Years

India's exports of medical devices to Russia could potentially triple in the next five years through increased collaboration between the two countries.

This push comes after Indian manufacturers and Russian investors recently held an online meeting to explore opportunities in manufacturing and marketing medical equipment and devices.

Currently, India's medical device exports to Russia stand at around USD 75 million annually. Estimates are that this figure could rise to around USD 239 million by 2028 if both sides adopt a coordinated strategy and fast-track regulatory approvals.

While the U.S., Germany, China, and the Netherlands are the top importers of Indian medical devices currently, Russia does not feature in the top five. However, it accounts for 60 percent of India's medical device exports to the Commonwealth of Independent States (CIS) region.

Clearly, there is huge scope for partnerships between Indian and Russian entities in the medical device industry and entrepreneurs can capitalize on the opportunities.

Join the Movement. Feel the Pride!
Proud to say IamSMEofIndia

Dun & Bradstreet India

JCB Power Products

Investment Banking . Broking . PMS . Angel Network . Private Equity
Official SME IPO & PE Funding Partner of IamSMEofIndia

Official Wealth Manager
IamSMEofIndia

Transforming Employees' Health Experience

Integrated Association of Micro Small & Medium Enterprises of India
(Not-for-Profit Institution for Growth & Development of MSMEs)
IamSMEofIndia, Sector 11, Mathura Road,
Faridabad- 121006, Haryana, India
Ph: +91-9711101666 (EVP) ; +91-9711123111 (Executive Secretary)
E-mail: info@iamsmeofindia.com ; Website: www.iamsmeofindia.com
CIN NO : U73100HR2009NPL039044

IamSMEofIndia is India's first "GOLD GRADE" National Level Business Member Organisation Accredited by NABET-QCI
Adjudged No.1 at the National Level as "The Most Responsible Business Member Organisation"

India Eyes Tripling Medical Device Exports To Russia In 5 Years!-30 April

Write a comment Cancel reply