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With local manufacturing more than doubling to ~45% in three years, India’s MedTech sector is moving from import-dependence to a US$ 41–44 billion opportunity by 2030

May 17, 2026

7:35 am

Mumbai, 15th May 2026: India’s medical technology sector is entering a more strategic phase, moving beyond a market-size narrative toward a competitiveness narrative built on capability, quality, and global readiness. This is the key headline from Poised for Takeoff: MedTech in India, a joint report

India MedTech Industry Growth Piyush Goyal Highlights Innovation & Atmanirbhar Bharat Vision at 17th CII Global MedTech Summit 2025

August 30, 2025

9:23 am

“For a Viksit Bharat by 2047, India cannot limit itself to modest goals: The MedTech sector is a natural candidate for Atmanirbharata,” said Shri Piyush Goyal, Hon’ble Minister of Commerce and Industry at the 17th CII Global MedTech Summit 2025 “The theme ‘Innovating for a Healthier

With local manufacturing more than doubling to ~45% in three years, India’s MedTech sector is moving from import-dependence to a US$ 41–44 billion opportunity by 2030

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India MedTech Industry Growth Piyush Goyal Highlights Innovation & Atmanirbhar Bharat Vision at 17th CII Global MedTech Summit 2025

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