Schedule a Call Back
Ministry launches MedTech Mitra to propel growth in medical devices industry
Industry News- Jan 03,24
Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.
The Union Health Ministry introduced MedTech Mitra, a platform aimed at expediting the advancement and commercialisation of innovative products. Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.
MedTech Mitra will guide innovators through the regulatory approval process, according to Mandaviya. Developed by Niti Aayog, the Indian Council of Medical Research, and the Central Drugs Standards Control Organisation, the platform, in conjunction with recent medical devices policy and the production-linked incentive scheme, is anticipated to stimulate the medical devices sector and promote domestic manufacturing of these crucial products.
Source: The Financial Express
Union Health Ministry
MedTech Mitra
Mansukh Mandaviya
Niti Aayog
Indian Council of Medical Research
Central Drugs Standards Control Organisation
Related Stories
Policy Regulation
India's start-up ecosystem is relatively low; says Dr Chintan Vaishnav
With approximately 140,000 start-ups registered under the Atal Innovation Mission, India has one start-up for every 10,000 people. In contrast, Israel and Germany boast one start-up per 1,000 to 2,0..
Read morePolicy Regulation
Niti Aayog member Virmani encourages Chinese investment to push local production
China's FDI in India has been minimal, with only 0.37% of total FDI equity inflows from April 2000 to March 2024.
Read moreProcess Equipment
Imports of medical device surged in India in fy23-34 to Rs 688.85 billion
This marks a 13% increase, with disposables accounting for nearly 17.6% of the growth.
Read moreRelated Products
Unique Aluminum Labels for Pharmaceutical Plants
Pharmaceutical Machinery & Accessories
Strokes India offers Metalpro™ unique aluminum labels for pharmaceutical plants
Sautiner Machine
Pharmaceutical Machinery & Accessories
Sree Valsa Engineering Company offers a wide range of
sautiner machine.
Zero Holdup Filter Press
Pharmaceutical Machinery & Accessories
Veena Pharma Machinery offers a wide range of zero holdup filter press.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
