Surgical Imports Surge to $621.59M in First Half of Fiscal Year

In the first half of the current fiscal year, imports of surgical products and equipment reached $621.59 million, an increase from the $557.68 million recorded in the same period last fiscal year. Imports increased by 13.03 percent in terms of Rupees. 5,197.1 crore during the period of April through September, 2024, in comparison to Rs. 4,598.01 crore in the corresponding period of the previous financial year.

In the quarter ending September 30, 2024, imports increased by 12.3%, reaching $332.78 million from $296.37 million in the previous fiscal year's corresponding period. Imports of surgicals increased by 13.8 per cent in terms of Rupees. 2,787.61 crore decreased year-on-year relative to Rs. 2449.6 crore is the equivalent phrase.

In the fiscal year 2023-24, there was a 13.36 per cent increase in surgical imports, reaching $1.09 billion, up from $963.86 million in the previous fiscal year. Imports in Rupees increased by 16.8 percent to Rs. 9,046.5 crore in comparison to Rs. 7,743.25 crore recorded in the financial year 2022-23.

During the fiscal year 2021-22, imports reached $894.21 million, showing a 60 percent increase from $557.52 million in the previous fiscal year. The imports in fiscal year 2020-21 decreased by 21% from $704.56 million in fiscal year 2019-20.