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Lord’s Mark reports growth of 40.41% to Rs 4.22 billion in FY24

The company through its subsidiary has launched saliva-based technology for genome testing through its brand MyDNA. Read more

Poly Medicure to use Rs 10 billion fundraise for capex and acquisitions

Expansion efforts are underway in areas such as cardiology, critical care, and renal diagnostics, focusing on manufacturing to broaden its market presence. Read more

India's medical device imports surge by 21%, sparks calls for policy re-evaluation

The top five HS codes, constituting almost 80% of total imports, witnessed a 26% increase, notably in consumables and equipment (HS code 9018), which saw a 14% rise to approximately Rs 18,700 crore, forming 32% of the import basket.Read more

Ministry launches MedTech Mitra to propel growth in medical devices industry

Minister Mansukh Mandaviya, inaugurating the platform virtually, expressed confidence in the potential for India's medical devices industry to reach $50 billion by 2030.Read more

India's MedTech Sector booms with $464 mn foreign investment surge in 2023

Pavan Choudary, MedTech, Medical Technology Association of India, National Medical Device PolicyRead more

54% of the companies have implemented AI for business: PwC India survey

Indian organisations are focusing on personalisation and customer-centric digital transformation solutions while global counterparts are inclined to innovation.Read more

Fever detection products have kept us busier than usual: Rajendra Chodankar

In conversation with Rakesh Rao, Rajendra Chodankar, Founder of RRP S4E Innovations Pvt Ltd, highlights the potential of electro optics market in India and how the company produced fever detection systems to fulfil the growing demand amid COVID 19 pandemic.Read more

3D Printing: Adding a new dimension to manufacturing

Though automotive companies are using additive manufacturing (AM) to make limited products, its usage will increase with evolution in product and supply chain requirements. In this ever evolving market, Rakesh Rao says that AM can become a potential game changer for future operations of automotive businesses.On June 5, 2017, ISRO created a history by launching India's heaviest rocket carrying communication satellite GSAT-19 from the Satish Dhawan Space Centre in Sriharikot. The GSAT-19 has beeRead more

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