NEW DELHI: The domestic medical device industry needs to strengthen component manufacturing, promote innovation in advanced technologies and build a supply chain ecosystem to cater to a $600 bn global market.

To bolster India's medical device industry, a strategic pivot toward international markets and enhanced global presence is essential. Fostering local component production and…

Pharma Secretary Manoj Joshi stresses industry partnerships are vital for India's medical device startups to thrive in a challenging market.