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Home >Articles & Publications>Article>Narendra Modi government’s move to cap prices of medical devices rankles industry; here is why

Narendra Modi government’s move to cap prices of medical devices rankles industry; here is why

  • Article
  • Sidharrth Shankar
  • October 18, 2017

Currently, India is counted among the top-20 global medical devices market and is the fourth-largest market in Asia after Japan, China and South Korea. The government’s move to allow 100% FDI in the segment has also helped the industry attract foreign capital.

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Sidharrth Shankar Partner

Sidharrth (Sid) is a seasoned corporate lawyer and also the co-chair of the corporate practice with a core focus on private equity and mergers & acquisitions. Sid has substantial experience advising global private equity funds, multinational corporations and strategic investors on complex cross-border transactions across a broad spectrum of industries over the last two and a half decades, with over two decades in JSA itself.

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