India aims to boost medical tech exports to $20B by 2030, needing more government support.

India's medical tech sector aims to hit $20 billion in exports by 2030, but it needs more government support, including expanded production incentives and export benefits. Currently, India imports about 70% of its medical equipment, totaling $8 billion, while exports stand at $4 billion. The Confederation of Indian Industry (CII) suggests a separate regulator for medical devices and improvements to export infrastructure to boost competitiveness.

November 29, 2024
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