India - Iran Medical Devices Industry B2B held on 15th September

India is one of Iran’s oldest trading partners with our history going back to more than 3000 years. When sanctions hit Iran, India did all it could as its faithful ally. Given the expected change in the political climate and the tremendous technical progress Iran has made especially in the Nano-Technology segment, we had invited a delegation of leading Iranian companies in the medical devices, AI based surgery and other high technology medical services sectors for a B2B matching session with Indian companies.

On one hand through this event Indian companies were able to get access to high-tech Iranian technology at a fraction of the cost in the international markets and on the other hand the Iranian companies will get an opportunity to transfer their technology to India via joint ventures with Indian companies for peaceful purposes and carve out their space in the hugely exciting and fast-growing eco-system of India.
All products in the B2B were permitted under the India – Iran Cooperation Agreement.

This special B2B session was held on 15^th September 2022 at India Habitat Centre, New Delhi and was facilitated by Iran National Innovation Fund & Center of International Science & Technology Cooperation (CISTC) from Iran and India Law Offices LLP & ILO Consulting Private Limited from India.

The event was inaugurated by:

• Mr. Massoud Rezvanian Rahaghi, Deputy Ambassador of Iran Embassy,
• Professor Saeed Sarkar, Professor of Tehran University of Medical Sciences (TUMS) & Secretary General of Iran Nanotechnology Innovation Council (INIC)
• Mr. Gautam Khurana, Managing Partner, India Law Offices LLP & Managing Director and Head Partner – India, OnetoOne ILO Consulting.

It was attended by various other dignitaries from the Iran Embassy & Iran Parliament who congratulated both sides for this initiative & lend their support to build stronger business ties between India and Iran.

Following the Inaugural Session, B2B event was convened in which around ten well-known Iranian Companies participated and showcased their products. All the Iranian companies dealt in different segments of medical equipment industry including Surgical Navigation System, Robotic Simulators, Haemodialysis Machines, Imaging Systems, Electrosurgical Units, Cancer Diagnostics etc. Following is the list of ten Iranian companies that attended the event:

1. Parto Negar Persia Co
2. Sina Robotics and Medical Innovators Co. Ltd.
3. Praseh Intelligent Surgical System
4. Tiwan Technology Development
5. Parto Ava Atlas
6. Novinmed medical engineering Company
7. Pooyandegan Rah Saadat Co
8. Arya Teb Firouz
9. Nano Hesgar Sazan Salamat Arya
10. Kavandish System

On the India side, there were more than 40 Indian companies that participated in the event & met the Iranian Delegates to understand the products and to explore the collaboration opportunities. The Indian Companies came from all over India and were all from different domains of medical / healthcare industry. Following are some of the Indian Companies that attended the event:

1. Andhra Pradesh Med Tech Zone
2. Kirloskar Group
3. PathnSitu Biotechnologies Pvt Ltd
4. Perfint Healthcare Private Limited
5. Rohanika Healthcare Pvt Ltd
6. RMD Mediaids Limited
7. NW Overseas Private Limited
8. Alliance Transfusion Private Limited
9. Johari Digital Healthcare Limited
10. XcelLance Medical Technologies Pvt. Ltd
11. International Electro Medical Co.
12. Innvolution Imaging Technologies Private Limited
13. Ace Cardiopathy Solutions (P) Ltd
14. Indian Surgical Equipment Company Private Limited
15. Soxa Formulations & Research Pvt. Ltd
16. And many more

The full-day event ended with a thank you note from the leaders from both sides and with a promise of holding more sessions in future so that corporates from India & Iran can exploit more business opportunities with each other.

Overall, the event was warmly received and appreciated by Companies from India & Iran. Participants from both sides were quite satisfied and excited with the available opportunities & various collaboration possibilities. The event was a great success and a proud moment for our firm.

Here is a brief message from the Managing Partner of India Law Offices LLP who led this event from India side:

“We are delighted that the Indian industry welcomed their Iran counterpart with so much enthusiasm. We look forward to a new phase in India & Iran cooperation in the field of technology.”

If you have any questions or need more information about the event, please reach out to us at office@indialawoffices.com or call us at +91-11-24622216/24622218