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
Association of Indian Medical Device Industry says changing GST rates for medical devices could impact domestic competitiveness if not carefully managed
Hyderabad: India by focusing on 3D printing medical technologies, can benefit from the immense demand. Within the country, Telangana, which has now set up the National Centre for Additive Manufacturing (NCAM), is well placed to tap the emerging opportunities in this segment, Industries and IT Minister KT Rama Rao, said on Friday. Inaugurating the ‘National […]
Hyderabad: Women in core technology are a rarity and two Hyderabadi sisters are making that exception. At a time when hardware-led technology space like augmented reality, virtual reality, 3D printing is dominated by men, Ramya Gujjula and Priyanka Gujjula have made their mark with their startup NexRea. Short form for Next Generation Reality, NexRea’s products […]
New Delhi: The Production-Linked Incentive (PLI) scheme across 14 sectors, including IT hardware manufacturing, has the potential to generate at least 60 lakh new job opportunities, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget 2022-23, her fourth budget to date, she said that the PLI schemes have received tremendous response. “The Production […]
The survey indicated that capacity utilisation witnessed a jump in Q3 for automotive, capital goods, electronics and electrical, medical devices sectors such hike it remained slow or subdued in textile and leather sectors
This acquisition will help Tech Mahindra to augment expertise in the global pharmaceutical, healthcare and life science (HLS) sectors, the company said in a statement.
