India caps trade margin on oxygen concentrators at 70%

The Indian government has decided to step-in to regulate the price of oxygen concentrators due to the recent volatility in maximum retail prices (MRP). As per information collected by the government, margin at the level of distributor currently ranges up to 198 per cent. In larger public interest, the National Pharmaceutical Pricing Authority (NPPA) has capped the trade margin up to 70 per cent on Price to

Distributor (PTD) level on oxygen concentrators. As a result, a total of 104 manufacturers / importers of Oxygen Concentrators have submitted revised MRP for 252 products/brands. Downward revision in price up to 54 per cent has been reported in 70 products/ brands, showing reduction in MRP up to Rs 54,337 per unit. Further, 58 brands have reported price reduction up to 25 per cent and 11 brands between 26 and 50 per cent. Out of 252 products/ brands reported, 18 products/ brands reported by the domestic manufacturers did not show any decline in prices.