Prime Minister Narendra Modi highlighted India’s growing self-reliant medical technology ecosystem, citing domestic manufacturing, reduced import dependence and government schemes. Health Minister JP Nadda said India’s $15-16 billion med-tech market is expanding rapidly, with potential to become a major global hub
In Amaravati, the Andhra Pradesh government plans to develop rare earth and titanium-based minerals from its beach sand reserves, aiming to reduce dependence on China, build a coastal value-addition corridor, and boost domestic manufacturing for clean energy and defense
The government introduced the PLI scheme to encourage an incentive-led model for manufacturing, attracting advanced technologies, bringing in economies of scale and meeting quality standards.
