India's medical consumables and disposables exports increased 60% to $1.6 billion in 2022-23, aiming to reduce import dependence to below 50% in 5 years.
India's medical consumables and disposables exports surged by 60% to $1.6 billion in the fiscal year 2022-23, according to data shared at the Meditech Stackathon 2024. The government and industry aim to reduce import dependence from 75% to below 50% within the next five years. Organized by the Department of Pharmaceuticals and the Confederation of Indian Industry, the event aims to foster domestic manufacturing and make India a global leader in medical technology.
May 07, 2024
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