Page 12 - MMI_MarApr 2021 (high-singles)

IMTMA’S DESK

HEALTHCARE TO BOLSTER
MACHINE TOOL INDUSTRY

India’s Healthcare sector has proved its mettle by emerging strong after a series of
challenges last year posed for us. For it to continue in the same spirit, our Machine
Tool industry has to up its game to cater to the sector’s demands and for the country
to become self-reliant.

Source: Magic Wand Media

Source: IMTMA I n the words of our vaccines. India’s ‘Atmanirbhar have responded collectively in
Hon’ble Prime Minister Swastha Bharat Yojana’ an- building the equipment needed
Shri Narendra Modi, nounced by the Government, to combat the pandemic.
last year was a trial by fire for with an outlay of `64,180 crore,
India’s Healthcare sector but to- aims to develop the country’s India, the vaccine capital
day the country is experiencing primary, secondary and tertiary Businesses managed to establish
a new high as the world has healthcare over a period of six a wide network of testing infra-
taken note of its inherent years. structure and in its race to find
strengths in battling the novel As these developments take a vaccine, the country emerged
coronavirus pandemic. place, the spotlight is back on as a front runner and started
The Government of India is ad- beefing up India’s Machine Tool exporting vaccines. Rightly so,
vocating ‘Atma-nirbharta’ in the industry to serve the demands India is now seen as a vaccine
Healthcare sector with its bud- of the Healthcare sector by capital of the world.
getary allocation of `2,83,846 manufacturing products local- It is widely accepted that the
lakh crore for the Healthcare ly. In a way, the pandemic has healthcare cost in India is sig-
and Wellness sector, includ- brought forth manufacturers’ nificantly lower as compared to
ing `35,000 crore for Covid-19 abilities to the fore. Companies the developed nations. This is

12 | March-April 2021 Modern Manufacturing India