New Delhi, Jan 4 (IANS) The Centre has invited proposals under two marginal investment sub-schemes to reduce India’s heavy dependence on imported medical devices and support clinical studies in the medtech sector, more than a year after the schemes were first announced.India currently imports nearly 70 per cent of its medical device requirements. To address this gap, the Department of Pharmaceuticals launched a Rs 500 crore support package in November 2024 to strengthen domestic manufacturing …
Latest Medical Device Industry News & Updates
Gandhinagar, Dec 26 (IANS) In a push to the state’s fast-growing healthcare manufacturing sector, the Gujarat Industrial Development Corporation (GIDC) has announced an ambitious plan to develop a sector-specific Medical Device Park at Nagalpar in Rajkot district. The project aims to create a fully integrated ecosystem for the medical device industry, supporting research, manufacturing, quality testing and global exports under one roof.The upcoming Vibrant Gujarat Regional Conference (VGRC) in R…