Dr. Mansukh Mandaviya virtually launches 'MedTech Mitra': A Strategic Initiative to Empower MedTech Innovators and Advance Healthcare Solutions

“MedTech Mitra is a platform that will help the young talents of the country by holding their hands and giving them final shape to their research, knowledge, logic etc. and help them in getting regulatory approval.” This was stated by Dr Mansukh Mandaviya, Union Minister of Health and Family Welfare and Chemicals & Fertilizers as he virtually launched 'MedTech Mitra': A Strategic Initiative to Empower MedTech Innovators and Advance Healthcare Solutions, here today, in the presence of Prof. S.P. Singh Bhagel, Union Minister of State for Health and Family Welfare who virtually joined and Dr. V.K Paul, Member Health, Niti Aayog.

Speaking on the occasion, Dr. Mandaviya stated “the medical devices sector is an essential and integral constituent of India’s healthcare sector. Pursuing the vision of Viksit Bharat, India is taking a holistic approach to health with a vision to transform the health landscape in the country by 2047”. Noting that India’s MedTech sector is highly import dependent, measuring upto 80%, the Union Health Minister emphasized that “to ensure that medical devices are supplied within the country, this sector has seen phenomenal progress with the implementation of production linked incentive schemes and investments for medical drug parks, MedTech research policy and MedTech research incentive scheme. He further added “this collaborative initiative will facilitate indigenous development of affordable, quality MedTech devices and diagnostics leading to considerable reduction in the import dependence of this sector.” Underscoring the growth and potential of this sector, Dr. Mandaviya stated that “I am confident India will grow to become $50 billion industry by 2030.”