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Lubrizol and Polyhose ink MoU to manufacture medical tubing in Chennai

This agreement reinforces Lubrizol’s commitment to Make-In-India and broadens a previously committed $350 million investment to support local manufacturing.Read more

Carl Zeiss AG launches first global capability centre in India

Currently employing 2,500 people in India, Carl Zeiss aims to expand its workforce to 5,000 over the next three years, with plans to double its highly skilled engineering team from 600 to 1,200 by 2027. Read more

Medical device sector applauds Centre's Rs 5 billion boost

The medical device market in India, valued at around $14 billion, is anticipated to grow to $30 billion by 2030, underscoring its importance in healthcare, from diagnostic tools to surgical devices.Read more

Esaote to set up medical imaging manufacturing unit in Noida

The facility will produce a range of advanced ultrasound systems.Read more

Crane India and Apollo Foundation join for Mobile Medical Unit project in Satara

The new Crane sponsored MMU is a fully-equipped and self-contained mobile clinic. The unit is outfitted with medical and diagnostic equipment, a skilled healthcare team, and virtual access to specialised medical consultants via telemedicine.Read more

Morepen Labs to spin off medical devices unit into separate entity

The move aims to unlock value and enhance focus on this segment.Read more

50 new plants to be established under pharma and medical device PLI scheme

In the first five months of this fiscal year, the pharma and meditech sectors have become the fourth largest manufacturing export sector in India, following automotive, petrochemicals, and electronics. 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

Over 1,300 units operational under PLI scheme; to generate jobs

Preliminary calculations suggest that the production of Rs 10 trillion under the PLI scheme should translate to incentives worth Rs 500 billion.Read more

AIIMS to establish medical device centre in collaboration with Osaka University

The AIIMS administration has now requested a budget of Rs 3 billion from the Union Health Ministry, with the land for the centre already finalised and the government providing in-principle approval.Read more

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