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DAILY NEWS ANALYSIS

  • 14 May, 2021

  • 3 Min Read

India’s demands of oxygen concentrators from China

India’s demands for oxygen concentrators from China

India’s demands

  • India has asked Chinese authorities to ensure prices for key medical supplies remain stable as costs for oxygen concentrators and other critical goods have surged on the back of rising demand.
  • The supply chain should remain open and product prices should remain stable
  • Since April, orders for at least 40,000 oxygen concentrators have been placed by Indian companies with Chinese firms, of which 21,000 have so far been delivered, along with more than 5,000 ventilators, 21 million face masks and 3,800 tons of medicines

Inflated costs of oxygen concentrators

  • Chinese media are reporting that oxygen concentrators that were listed as selling for 1,000 yuan (around ? 11,000) on Chinese e-commerce websites such as Alibaba’s Taobao are now selling for four or five times that amount and the final cost borne by individual buyers once the goods are sold in India is even higher.

Source: TH


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