Low-priced medical device imports from China and Malaysia are impacting India's domestic manufacturing capabilities. Imports from Asean countries have increased significantly, affecting local players. Chinese products often enter India through Asean nations, exploiting free trade agreements. Domestic companies are finding it difficult to compete, despite government incentives. Urgent renegotiation of trade agreements is needed to protect local industries.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0uLwOM3
