Latest National Medical Devices Policy News & Updates

New Delhi, April 5 (IANS) India’s pharmaceutical exports reached over $28 billion up to February in the current financial year, registering a growth of more than 5 per cent compared to the same period last year, a senior government official has said.Speaking at the inaugural session of the ‘Chintan Shivir: Scaling Up Pharma Exports’, the official highlighted that the growth was led by formulations, biologicals, vaccines, and Ayush products.“Despite global challenges, pharmaceutical expor…

New Delhi, Feb 12 (IANS) India’s medical devices industry is projected to reach $50.1 billion by 2030 from $15.2 billion in 2025, at a compound annual growth rate of 26.9 per cent, a report has said.The report from Rubix Industry Insights attributed the growth to government initiatives such as the National Medical Devices Policy, Production‑Linked Incentive Scheme, Scheme for Promotion of Medical Devices Parks, and MedTech Mitra.The report noted that medical devices exports reached $4.1 bill…