Business Today

R.I.P (2020-2022)

RAMBA SINGH, A DELHI-BASED medical equipment distributor, is eagerly waiting to free up space in his warehouse, now occupied by over a dozen oxygen concentrators that he bought in March 2021 when India was reeling under the second wave of the Covid-19 pandemic. The Chinese concentrators, which Singh had bought from domestic companies for ₹25,000 each and rented out for at least ₹10,000 a day to Covid-19 patients, haven’t been used for over a year. “Since there is no demand, I offered these to small local hospitals at throwaway prices, but they didn’t want them,” says Singh, who plans to donate them to charity since he has already recovered their cost.

Ventilators, oxygen concentrators,

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