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FDAnews Device Daily Bulletin
Oct. 19, 2012 | Vol. 9 No. 206
Indian Device Market Ripe for Foreign Investment, Poised for Rapid Growth
India’s medtech industry is expected to grow by more than 15 percent annually as the country’s middle class and insurance coverage begin to ramp up, according to a PricewaterhouseCoopers (PWC) survey of Indian medical device companies. To take advantage of this expected growth, PWC recommends that multinational companies not rely on an opportunistic approach to the Indian market, but instead establish a low-cost manufacturing network that meets global quality and regulatory standards.
International Medical Device Regulatory Monitor
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