India demonstrates growth as a manufacturing hub in medical devices, indicating significant government support and innovation.
India is transitioning from an import-dependent medical device market to a global manufacturing hub. Building on its pharmaceutical success, the country is now focusing on MedTech self-reliance. Government initiatives like the PLI scheme and dedicated MedTech parks are driving this shift. Innovation by startups and alignment with global regulatory standards are enhancing competitiveness. India is poised to play a major role in making quality medical devices accessible worldwide.
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Sudipta Banerjee (2025) studied this question.
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