‘India Is Building A Self-Reliant Med-Tech Ecosystem’: PM Modi

Prime Minister Narendra Modi on Friday highlighted India’s growing self-reliance in medical technology, pointing to expanding domestic manufacturing and declining dependence on imported medical devices.

Sharing an article by Union Health and Family Welfare Minister JP Nadda on X, PM Modi said India was building a stronger med-tech ecosystem through domestic production and policy support.

“Union Health Minister Shri @JPNadda highlights India’s growing self-reliant med-tech ecosystem, driven by domestic manufacturing, reduced import dependence and schemes such as PLI and Medical Device Parks,” PM Modi posted.

The Prime Minister added that India was steadily emerging as a trusted global med-tech partner focused on delivering affordable and accessible healthcare.

Union Health Minister Shri @JPNadda highlights India’s growing self-reliant med-tech ecosystem, driven by domestic manufacturing, reduced import dependence and schemes such as PLI and Medical Device Parks. He says India is steadily emerging as a trusted global med-tech partner… pic.twitter.com/3Nay5YG5gh

— PMO India (@PMOIndia) August 8, 2026

According to Nadda, Indian manufacturers now produce more than 50 high-end medical devices under the Production Linked Incentive (PLI) scheme.

Medical Device Parks and the Promotion of Research and Innovation in Pharma-MedTech scheme have also supported the industry’s expansion.

Nadda said reducing import dependence could strengthen supply chains, improve cost efficiency and widen access to advanced diagnostics, imaging systems, implants and intensive-care equipment. He also identified artificial intelligence, connected medical devices, robotics, remote diagnostics and software-based medical devices as key growth areas.

India’s medical technology market is currently valued at around $15-16 billion and is growing at nearly 12 per cent annually.

The country has become Asia’s fourth-largest medical technology market and ranks among the world’s top 20.

The government is also strengthening regulations, testing infrastructure and clinical evidence systems to improve patient safety and ensure Indian medical devices meet international standards.

The sector could reach $250 billion by 2047, according to the projections cited by Nadda, potentially creating jobs, expanding exports, encouraging innovation and improving access to affordable healthcare.

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