There is no doubt that Covid-19 has had severe implications on almost all sectors of the economy including the medical device industry. Although there was an all-round and immediate stimulus provided for Covid-related medical devices, the sector as a whole had to face loss of sales and revenue, at least for some duration. According to the Medical Technology Association of India, because of Covid-induced de-prioritization and decline in elective surgical procedures and treatments, there was a 50 to 85 per cent fall in revenue during April-June quarter last year. The overwhelming disruption triggered by the pandemic had not only led to supply chain snags, but the increased cost of freight movement further hurt the industry. Given the Indian manufacturers’ dependency on foreign components, this was a particularly critical factor.