India Launches ₹500 Crore Scheme to Boost Medical Device Industry, Aims for Self-Reliance

The Indian government has unveiled a comprehensive ₹500 crore scheme aimed at propelling the country’s medical device industry toward self-reliance. The initiative, spanning three years, encompasses five sub-schemes targeting key areas including manufacturing, skill development, and infrastructure. This move aims to reduce import dependency, drive innovation, and position India as a global leader in medical device production.

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