September 17, 2024 00:41 (IST)
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Cabinet approves Medical Devices Sector policy aiming growth from present $11 bn to $50 bn in next 5 yrs

Cabinet approves Medical Devices Sector policy aiming growth from present $11 bn to $50 bn in next 5 yrs

New Delhi/IBNS: A Union Cabinet meeting chaired by Prime Minister Narendra Modi approved the National Medical Devices Policy, 2023 Wednesday with the aim to bolster India as the global leader in the manufacturing and innovation of medical devices by achieving a 10-12% share in the expanding global market over the next 25 years, the government said in a statement.