The cost of resources, machinery and medical instruments in process has been high in the hospitals while the buying capacity of the patients remains low. Even though the cost is subsidized, yet they are out of reach for a major segment of the population. “There are local manufacturers and foreign made goods and instead of them competing against each other, they need to collaborate together, there is space for both of them to exist,” Nitin Mahajan, Managing Director, EVG, Mitra Industries said at fourth edition of BW Businessworld Healthcare Summit and Awards.
