India MedTech Expo 2025: Industry Urged to Utilize Government Funds

At the India MedTech Expo 2025, Joint Secretary of the Department of Pharmaceuticals, Shri Ravindra Pratap Singh, urged the industry to take advantage of available government funds for medical device manufacturing. He highlighted the Medical Device Park scheme aimed at creating an enabling ecosystem for manufacturing, with three parks already established in Uttar Pradesh, Madhya Pradesh, and Tamil Nadu. The expo also featured discussions on regulatory frameworks and the future of Software as Medical Devices (SaMD) powered by AI and IoT, aiming to boost India's MedTech market to $30 billion by 2030.

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