India’s medical technology exports could reach US$ 20 billion (Rs. 1,69,000) by FY30, but the sector needs expanded government incentives and improved ease of doing business, says the CII. 

Drugs Controller General of India (DCGI), Dr. Rajeev Raghuvanshi announced that 11 countries now recognize Indian pharmacopoeia as their standard, highlighting India’s expanding role in supplying drugs and conducting global clinical trials.

India, famed for its generic medicines and affordable vaccines, has transitioned into a net exporter of medical consumables and disposables.

India launches National Single Window System (NSWS) for streamlined medical device approvals, addressing transparency and easing business processes.

In Hague, Netherlands, India and the Netherlands inked a Memorandum of Intent (MoI) to collaborate on medical product regulation and enhance the quality of medical products and healthcare services for both countries.