The Medical Bulletin

Indian Govt unveils ₹500 Cr scheme to fortify medical devices industry, focusing on manufacturing, skill enhancement, clinical studies, and infrastructure.

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Sayyed Samreen Roomi
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#Fit India

The Indian Government has launched a ₹500 crore scheme to strengthen India’s medical devices industry, focusing on critical areas such as manufacturing key components and accessories, skill development, support for clinical studies, development of common infrastructure, and industry promotion.

This initial outlay of ₹500 crore will be for three years, up to the financial year 2026-27, according to a government communication.

“This scheme will not only benefit the industry but also represent a significant step towards making India self-reliant. The government is committed to strengthening the medical devices industry through focused interventions that yield substantial and transformational outcomes.”
-JP Nadda
Union Chemicals and Fertilizers Minister

Anupriya Patel, the Minister of State for Chemicals and Fertilizers, expressed that this scheme would significantly benefit the MedTech sector. She pointed out that medical devices have become essential to the healthcare industry and their demand is rapidly growing. The Indian government’s strategic support aims to further propel the Medical Device Industry and promote MedTech innovations.

“These measures will accelerate sectoral growth, reduce import reliance, and enhance India’s position as a leading exporter of medical devices. This comprehensive approach will not only benefit the industry but also strengthen the country’s healthcare infrastructure. The scheme’s focus on identifying shared facilities for medical device clusters will promote collaboration and innovation. These clusters will enhance cost-efficiency, drive innovation, and provide manufacturers with access to high-quality resources without the burden of high overhead costs. These (Clinical Research Programmes) will not only benefit India’s manufacturing sector but also elevate the country’s status in international markets by offering a steady supply of high-quality, regulatory-compliant products.”
Himanshu Baid
Managing Director of Poly Medicure

Five Key Sub-Schemes, The Indian Perspective

The ₹500 crore scheme consists of five key sub-schemes aimed at fostering growth and self-reliance in the Medical Device Industry:

Common Facilities for Medical Device Clusters: Under the scheme, ₹110 crore has been allocated to strengthen infrastructure through the creation of common facilities such as research and development (R&D) labs, design and testing centres, and animal labs for around 20 medical device clusters in India. This will also include the enhancement of testing facilities.

Marginal Investment Scheme for Reducing Import Dependence: With an outlay of Rs 180 crore, this sub-scheme will focus on reducing the import of components by promoting domestic manufacturing. This sub-scheme offers a one-time capital subsidy of 10-20 per cent, with a maximum cap of ₹10 crore per project.

Capacity Building and Skill Development for Medical Devices: ₹100 crore will be directed towards developing a skilled workforce capable of designing and manufacturing medical devices.For India to truly become self-reliant in the medical device sector, a skilled workforce is essential. The funds will support advanced and short-term courses at various institutions, equipping the workforce with the necessary expertise in manufacturing and clinical practices.

Medical Device Clinical Studies Support Scheme: This scheme will offer Rs 100 crore in financial support for clinical studies, including animal and human trials, to validate MedTech products.

Medical Device Promotion Scheme: Rs 10 crore will be allocated to promote the Medical Device Industry, including industry events and market research.

“These Medical training programs will bridge the talent gap, ensuring India produces high-quality products that meet domestic and international standards.”
 Anish Bafna
CEO of Healthium Medtech. 

With a market size of $14 billion, the Indian medical devices sector is the fourth largest in Asia and ranks among the top 20 global medical device markets. The sector is expected to grow to $30 billion by 2030.

Mr. Pavan Choudary of the Medical Technology Association of India noted that this scheme targets crucial areas like manufacturing essential components and improving infrastructure.

Resolving Critical Issues-

  1. Unskilled Workforce
  2. inadequate infrastructure
  3. limited domestic production
  4. high import reliance

Positive Outcomes

  1.  Indigenous manufacturing of medical devices
  2. Self-reliance
  3. More effective response to public health
  4. India can potentially become a global hub for medical device manufacturing. 
  5. Quality Assurance
  6. Safe Medical Devices and Innovations
  7. Collaboration: Industry stakeholders, including manufacturers, researchers, and healthcare providers, must collaborate closely.

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  • Sayyed Samreen Roomi
    Medical Content Writer

    I am an ambitious MBBS student and writer who is enthusiastic about sharing my knowledge and research results on cutting-edge medical issues. I have received multiple awards at the district and national levels, including third prize in ONGC’s Oil National Level Essay Competition.

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