<p class="title">Union MSME minister Nitin Gadkari on Thursday said his department plans to set up five parks to manufacture low-cost medical devices in the country.</p>.<p class="bodytext">He also informed about a project being carried out under the Defence Research and Development Organisation (DRDO) to manufacture 'Cochlear implant' equipment.</p>.<p class="bodytext">The equipment will be available at 50 per cent of its cost to people soon, Gadkari said at the annual conference of the Association Otolaryngologists of India here.</p>.<p class="bodytext">His Micro, Small & Medium Enterprises (MSME) ministry is working on manufacturing low-cost medical devices in the country itself so that poor people could benefit out of it.</p>.<p class="bodytext">The ministry will be setting up five parks to manufacture medical devices in India, out of which one has already started in Vishakapatnam, Gadkari said.</p>.<p class="bodytext">"Similarly, MRI machine, which used to cost Rs 6.50 crore apiece, is now available for Rs 58 lakh after we started manufacturing it," he said.</p>.<p class="bodytext">In 2019, the country had imported medical devices worth Rs 38,837.28 crore. </p>
<p class="title">Union MSME minister Nitin Gadkari on Thursday said his department plans to set up five parks to manufacture low-cost medical devices in the country.</p>.<p class="bodytext">He also informed about a project being carried out under the Defence Research and Development Organisation (DRDO) to manufacture 'Cochlear implant' equipment.</p>.<p class="bodytext">The equipment will be available at 50 per cent of its cost to people soon, Gadkari said at the annual conference of the Association Otolaryngologists of India here.</p>.<p class="bodytext">His Micro, Small & Medium Enterprises (MSME) ministry is working on manufacturing low-cost medical devices in the country itself so that poor people could benefit out of it.</p>.<p class="bodytext">The ministry will be setting up five parks to manufacture medical devices in India, out of which one has already started in Vishakapatnam, Gadkari said.</p>.<p class="bodytext">"Similarly, MRI machine, which used to cost Rs 6.50 crore apiece, is now available for Rs 58 lakh after we started manufacturing it," he said.</p>.<p class="bodytext">In 2019, the country had imported medical devices worth Rs 38,837.28 crore. </p>