Medical Electronics Manufacturing in India – Seminar/Roadshow by #AMTZ – Andhra MedTech Zone @Chennai on January 6,2017- Hotel GRT Grand Days, T Nagar

According to an industry report, in India, the medical devices industry is small, with a disproportionate reliance on imports and a complex regulatory environment. The global medical devices and technology market is expected to grow to USD 520 billion by 2020 from an estimated USD 3.7 billion in 2014. The Indian market is among the top 20 in the world by market size, and fourth in Asia after Japan, China and South Korea. It is significantly behind developed economies like the United States (US) (USD 340). This current under penetration of Medical devices in India represents the sizeable growth opportunity.

Medical devices play a role not only in screening, diagnosing and treating patients, but also in restoring patients to normal lives and in regularly monitoring health indicators to prevent diseases.

The inflow of foreign direct investment (FDI) in medical devices was USD 90 million between December 2014 and August 2015; post the government permitting 100 per cent FDI under the automatic route. Several MNCs have been increasing their manufacturing footprint and locating research centres in India to serve both the Indian and global markets. Increased funding and investments have also reflected in other supply-side changes in healthcare delivery in India.

AMTZ (Andhra MedTech Zone) aims to make India a self-sufficient and in fact an exporter of good quality and cost-effective medical technology. The AMTZ would include the following facilities:

  • Plug-n- Play Infrastructure
  • Regulators’ office
  • Component testing centre
  • Electromagnetic interference laboratory
  • Medical-grade low vacuum molding, cabinet molding and injection molding centres
  • 3D designing and printing for medical grade products
  • Sterilisation & toxicity testing centre
  • Radiation testing centre
  • Warehousing
  • Other facilities commonly required in the manufacturing of medical devices

Against this backdrop PHD Chamber in association with AMTZ (Andhra MedTech Zone) is organizing the above captioned Seminar on ‘Medical Electronics International collaborations & Financing for Manufacturing’ in India on Friday, 6th January 2017, 10:0 am at Chennai.

Venue – Hotel GRT Grand Days, T Nagar – Marigold Hall in the convention center – Annex Building

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Registration form – 6th Jan 2017

The objective of the Seminar would be to familiarize the Industry on this opportunity which exists in fulfilling this gap which is likely to only widen as the healthcare services reach out to semi-urban and rural areas.

The seminar will also throw up opportunities for foreign collaborations for technology transfers and financing for setting up units.

We believe that for medical electronics to create a meaningful impact on the healthcare system, collaboration between key stakeholders including government, industry, healthcare providers, and health insurance companies will be important in order to come up with the right success strategy and improve overall health care access and delivery in the country.

This will also create an outlook towards the future and shaping the interventions required for a self-reliant and efficient healthcare system for India through technology solutions for the larger good.

We look forward to having you with us for the discussion on this important aspect of Medical Electronics.

Please note that there is no delegate registration fee. Since event participation is limited to few members, prior registration is a must.

Regards,

 

Vivek Seigell

Director

PHD House, 4/2 Siri Institutional Area

August Kranti Marg, New Delhi – 110016, India

Tel: +91.11.26863801-04

+91.11.49545451 Ext: 275

Fax:+91.11.26855450

+91.11.49545451

Govt notifies tax rebate for 7 districts in Andhra Pradesh

Government has announced Tax Incentives for the following Seven Districts in Andhra Pradesh to boost the Industrial activities.

  • Anantapur
  • Chittoor
  • Cuddapah
  • Kurnool
  • Srikakulam
  • Vishakhapatnam
  • Vizianagaram.

The Central Board of Direct Taxes (CBDT) has notified these seven districts of the State of Andhra Pradesh as backward areas under section 32(1)(iia) and section 32AD of the Income-tax Act, to avail the tax benefits.

“Accordingly, any manufacturing undertaking set up during the period from April 1, 2015 to March 31, 2020 in these districts of Andhra Pradesh is eligible for 15 per cent of higher additional depreciation and 15 per cent of investment allowance on the cost of plant and machinery acquired by it during the said period”.

The aforesaid incentives are in addition to other tax benefits available under the Income-tax Act.

Please click here for CBDT Government notification

PF Authorities targeting Healthcare Establishments

The Employees Provident Fund Organisation has recently in a cirucular dated 1st August 2014 has proposed to increasea the limit of Coverage for PF from the existing Rs.6500/- Limit to Rs.15000/-. The circular has notified the area enforcement officers to list out visible establishments like Hospitals, Diagnostic Centres, Maternity Centres, Hotels, Restaurants, Schools, Workshops, Showrooms of Branded Companies etc., and submit a report to the Regional Provident Fund Commissioners.

In view of the notification, Companies operating in these domains have to be ready and carry out preparatory activities to bring employees under above mentioned ceiling to be covered under Provident Fund.

For More Details download the Notification Here - PF Notification

CDSCO team recommends health ministry to cancel registration of one unit in China

June 27, 2012 by · Leave a Comment
Filed under: Manufacturing Industry Updates 

CDSCO team recommends health ministry to cancel registration of one unit in China
June 26, 2012, 0800 IST – Source : Pharmabiz News

The three-member team of the Central Drugs Standard Control Organization (CDSCO), which had audited four manufacturing units in China in February this year, had recommended to the union health ministry to cancel the registration of at least one of these units as it was not found in proper condition.

The three-member delegation, consisting of Dr S Eshwar Reddy, assistant drug controller, CDSCO New Delhi; B Kumar, assistant drugs controller, CDSCO sub-zonal office (Chandigarh) and Dr C Sokhey, senior scientist at National Institute of Biologicals (Noida), inspected a total of four manufacturing units in China, during their visit to China from February 11 to 22 this year. They had inspected three API units and one diagnostics unit.

According to sources, the CDSCO team has submitted its detailed report to the health ministry in which it has recommended to cancel one unit as they have found several anomalies in the unit. However, the official refused to reveal further details.

This is the second time that the Union health ministry has sent its team to China for auditing and inspection of manufacturing units there. As part of its efforts to ensure that only quality products are sourced by Indian companies from abroad, the health ministry had earlier last year started the process of auditing and inspection of manufacturing plants outside India. The first delegation was sent to China in May last year in which the delegation had inspected five manufacturing units there. Though the delegation was to inspect six units, one unit did not allow the delegation to inspect their unit.

The introduction of auditing and inspection of foreign manufacturing facilities by the Indian drug regulators was a long awaited practice, especially in the wake of the fact that even though the government had made registration of imports of drugs and pharmaceuticals into India made mandatory way back in 2003, it failed to bring the desired results as the inflow of inferior raw materials into the country refused to subside.

It was under this background that the ministry earlier last year decided to introduce the practice of inspection of foreign manufacturing facilities.

During the second delegation, the inspections were carried out in China only and the plans to inspect manufacturing plants in Italy has again been deferred. Earlier, the ministry had elaborate plans to start the new practice with one country each in Europe and Asia — Italy in Europe and China in Asia.

 

Business Line : Companies News : Corporate espionage via social media rampant in India Inc: Assocham

June 19, 2012 by · Leave a Comment
Filed under: Manufacturing Industry Updates 

Business Line : Companies News : Corporate espionage via social media rampant in India Inc: Assocham.

Business Line : Opinion : Electronics: Emerging from IT’s shadow, finally

May 25, 2012 by · Leave a Comment
Filed under: Manufacturing Industry Updates 

Business Line : Opinion : Electronics: Emerging from IT’s shadow, finally.

Govt mulls new norms, tax sops to revive SEZ boom

It could be a second innings for special economic zones, especially those held up for years, with the commerce department proposing fresh tax concessions and a cut in the minimum area requirement to a quarter of the present specifications.

The department has suggested that any zone that is not built around the identified 40 million-plus cities and state capitals would be eligible for duty benefits on capital investment for construction of hotels, hospitals, schools and colleges, residential and business complexes and training, leisure and entertainment facilities in what is billed as non-processing area (NPA) infrastructure. Sources said that the zones will be eligible for the tax concession if they are built 50-100 km from an urban conglomerate and facilities have to be for exclusive use of SEZ employees.

In case of SEZs constructed in 123 backward districts, this infrastructure can also be used by those who are not part of the zone, a 48-page note said. At present, the rules specify that NPA can’t exceed half the area of an SEZ.

In addition, the department wants to extend the benefits of export schemes to SEZ units, that are already available to entities outside the zone, to make up for the levy of minimum alternate tax and other tax concessions that were withdrawn by finance minister Pranab Mukherjee last year.

Further, nearly half the funding available under Aside, a scheme to build infrastructure for exports, may be allocated for building connectivity and infrastructure in SEZs.

Amid a flurry of SEZ development, which many had termed as real estate activity, the government decided to withdraw tax concessions and phase out several of them. According to the commerce department, since February 2006, 585 SEZs have been approved and 381 have been notified, with a majority of them related to information technology and IT-enabled services.

Exports from SEZs are in of Rs 3 lakh crore and account for over 28% of the shipments from the country. In all, over Rs 2 lakh crore has been invested in SEZs so far and over 7 lakh people are employed in development and running of the zones and companies located there.

The number could have been much more but several projects ran into land acquisition hurdles. To tide over the land problem, the commerce department has proposed not just cutting the minimum area requirement but also changing the rules for contiguity. If the department’s proposal goes through, a multi-product SEZ could be built over 250 hectares instead of the minimum floor area of 1,000 hectares at present (see table). In case the zones are planned in the special-category states, which include the North East and the hill states, the minimum area requirement is proposed to be cut from 200 hectares to 50 hectares.

Further, within the multi-product zones, more flexibility is proposed to be given in creating sector-specific areas if the land area is exceeded. For instance, if a multi-product developer has 270 hectares, it can have one multi-product zone and two others of 10 hectares each for, say, handicrafts and gems and jewellery. There will also be the option to build four sector-specific zones of 10 hectares each in case a developer has 40 hectares land.

There is concession planned for IT SEZs too with the commerce department suggesting that the minimum land requirement of 10 hectares be done away with. Also, the requirement of one lakh square metres of built-up area would be insisted upon only if the IT or ITES zone is in Delhi (NCR), Mumbai, Chennai, Hyderabad, Bangalore, Pune and Kolkata. In case of 15 category B towns, this requirement is proposed to be fixed at 50,000 square metres and 25,000 for all other cities.

There are other provisions too which are aimed at helping developers tide over the problem of land acquisition. For instance, the commerce ministry has suggested that continuity between the processing area, which houses the manufacturing units and related logistics, and NPA may not be instead upon. “You can have several gates which are manned by SEZ personnel to allay fears related to physical contiguity in case there are highways or water bodies,” said an official.

If the move goes through, developers can have over 50-60% of the processing area in one plot of land, while residential quarters, hospitals and schools can be built on another patch even if it is at a distance.

A commerce department official said the land norms were being changed as acquisition had become difficult and the government was trying to push for setting up of the zones in smaller towns and cities.

Source: The Times of India

CII 5S Excellence Award 2011

August 31, 2011 by · 1 Comment
Filed under: Manufacturing Industry Updates 

5S – An Introduction

Based on the five Japanese words begin with `S’ that makes remarkable impact in the workplace organisation methodology and standardized work procedures. 5S simplifies the work environment, reduces waste and non-value activity while improving quality efficiency and safety. The five ‘S’ are – Sorting (Seiri), Straightening or setting in order / stabilize (Seiton), Sweeping or shining or cleanliness/systematic cleaning (Seiso), Standardizing (Seiketsu) and Sustaining the discipline or self-discipline (Shitsuke). Later Safety, Security and Satisfaction were added in the 5S processes.

Indian organizations have been successfully adopting 5S practices. The fully implemented 5S practices create positive impact with customers, increase morale, increase efficiency, less waste, better quality and faster lead time that will make an organization more profitable and competitive in the market place. The 5S practices that lead to employees’ self pride about their own organization.

5S Excellence Awards

The 5S Excellence Award – an annual activity, initiated in 2005 by CII Southern Region. This Award is to motivate and recognize excellent 5S practices in the member organizations. In the last 5 years, many Large, Medium and SSI units have participated in the competition. This year, it has been decided to include Industrial Estate companies in the competition and their Best 5S practices will be recognized. It is also decided to introduce Sustenance Award among the companies that have won 1st Prize in the earlier competitions based on the criteria of sustaining the 5S standards through Total Employee Involvement.

Scope of Award

The award is based on a structured evaluation and on-site visit and selection process by a team of Assessors and as per criteria laid.

Assessment/Selection Process

  1. The following documents are to be sent along with the Self Assessment Sheet.
  • Before & after “5S” photographs
  • 5S manual, if any
  • Organization structure for 5S
  • 5S vision statement and objectives
  • Waste disposal procedures
  • Implementation steps adopted
  • Tangible and intangible benefits out of 5S initiatives
  1. Assessment / Award Presentation Format
  2. Self assessment sheets / required documents which do not contain relevant information will not be accepted by the Assessors.
  3. A team of 2-3 Assessors would visit each company for on-site evaluation. The actual costs of the visiting Assessors would have to be borne by the applicant company. The following are to be provided to the assessors:
  • Stage I– Appraisal of Self Assessment Sheets by panel of judges.
  • Stage II – Site visit by Assessors and selection of companies for first, second and third prizes, strong commitment, merit and special recognition for SSI//Industrial Estate category and Sustenance Award for the past 1stPrize winners of the previous editions.
  • Stage III – Winners will be invited to make a presentation. The presentation by winners and awards distribution ceremony is scheduled on 4 November 2011 at Hotel Park Sheraton, Chennai.
  • Assessor travel (by train or air, whichever is applicable). CII will intimate the schedule for enabling for booking tickets
  • Local conveyance, local stay and hospitality arrangements
  • Professional fee of Rs. 4000/- per assessor to be paid directly on the day of the visit.
  1. Based on the findings and observations of the site visit, the assessors will select the first, second and third prize winners from each category. The final assessment/site visit feedback report will be sent to all applicant companies for improvement.
  2. CII will intimate the companies on the result. The decision of the assessors in selection of winners will be final.

Participation Fee

  1. Companies interested in applying for the Award may submit the “Self Assessment Sheet” duly filled along with the applicable Participation Fee to be sent to below mentioned address. Self Assessment Sheet can be downloaded from the link http://fs9.formsite.com/CIITN/images/CII_5S_Excellence_Award_SAS.doc

Participation Fee:          

  1. 1.    Large Scale Companies: Rs 30884/- (incl of 10.3% service tax)
  2. 2.    Medium scale Companies: Rs 27575/- (incl of 10.3% service tax)
  3. 3.    SSI/Indl Estate companies: Rs 13788/- (incl of 10.3% service tax)
  4. Please note the DD / Cheque drawn in favour of Confederation of Indian Industry payable at Chennai and to be sent to:

Mrs Vedha Murali, Executive Officer
Confederation of Indian Industry, 98/1 Velacherry Main Road, Guindy, Chennai 600032
Tel: 044-42444555; Mob: 9884377349 Email : vedha.murali@cii.in.

Time Lines

Last date for submission of documents along with Entry Fee           : 7 Oct 2011

Assessors site visit                                                                             : 14 Oct to 25 Oct 2011

Presentation by Winners & Award Distribution Ceremony                : 4 Nov 2011 at Hotel Park Sheraton, Chennai

Categories of Award

  • Three winners from manufacturing sector
  • Three winners from service sector
  • Special Recognition award for SSI companies/Industrial Estates
  • One Sustenance Award 

Winner Selection Methodology

v  The top three scoring companies will be awarded with trophy and certificates.

v  The company with highest points will receive the CII Rolling Trophy.

v  Strong Commitment certificates would be given for 3 qualifying companies

v  Companies scoring above 500/1000 marks will be awarded a “Certificate of Merit”.

v  All participating companies will receive participation certificates.

The winners would be awarded the prizes during a special award ceremony. The date for the award ceremony would be intimated to all participants.

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