Cipla Completes 20% Stake Acquisition in iCaltech Innovations August 28, 2025 Cipla has finalized the acquisition of a 20% stake in Bengaluru’s iCaltech Innovations for about ₹5 crore. The deal, first announced in July, gives Cipla voting rights and expands its respiratory devices and diagnostics portfolio.
Medical Devices Exports Surge 88% in Six Years Backed by Govt Schemes July 31, 2025 India’s medical device exports surged 88% in six years, driven by PLI and infrastructure schemes. Key medical parks and projects boost domestic output.
Cipla Invests in iCaltech Innovations to Boost Respiratory Portfolio July 22, 2025 Cipla is investing INR 5 Cr for a 20% stake in iCaltech Innovations to boost respiratory diagnostics and develop integrated healthcare solutions.
Andhra Launches First CDSCO-Approved Medical Device Audit Body July 5, 2025 Andhra Pradesh’s KIHT Certification Services (KCS), based at the Andhra Pradesh MedTech Zone in Visakhapatnam, has become the first CDSCO-notified auditing body in the region for Class A and B medical device manufacturers. As the only operational notified body in Andhra and Telangana, KCS will offer regulatory audits, ISO certifications, and consultancy services.
K’taka Mandates ePortal Updates for All Medical Equipment in Govt Hospitals June 25, 2025 The Karnataka government has mandated that all state-run healthcare institutions upload medical equipment details on the eProcurement portal. Hospitals must also report faulty devices and request new equipment through this digital system.
DoP Updates Guidelines for Medical Devices Capacity Building Scheme June 13, 2025 The Department of Pharmaceuticals (DoP) has modified its guidelines for the Capacity Building and Skill Development sub-scheme under the INR 500 Cr Medical Devices Industry initiative. Financial support may now be withdrawn if first-year admissions fall below 30% of approved intake. Additional changes cover reimbursement timelines, refund policies, and faculty ratios.
Indian Imaging Device Market to Surpass $7 Bn by 2033 March 29, 2025 India’s diagnostic imaging market is set to grow at a 7% CAGR, reaching $7 billion by 2033, with portable imaging and AI-driven solutions driving expansion.
Navigating Global Regulatory Challenges in Medical Devices: What India Needs to Accelerate Global Expansion March 10, 2025 Indian MedTech startups face complex global regulations that hinder expansion. Discover strategies to overcome regulatory barriers, streamline approvals, and position India as a global medical device leader.
Health Ministry to Form Expert Committee for Monitoring Adverse Effects of Medical Devices February 10, 2025 The Ministry of Health is establishing a dedicated panel to assess medical device-related adverse events, ensuring better safety standards and regulatory oversight in the healthcare sector.
PLI Scheme for Medical Devices Sees INR 1,057 Cr Investment Realised December 10, 2024 The PLI scheme for medical devices in India has realised INR 1,057 Cr in investment, with INR 8,039 Cr in sales, including INR 3,844 Cr in exports, as of September 2024.
India's Medical Devices Sector Poised to Reach $50 Bn by 2030 November 28, 2024 India’s medical devices sector is projected to grow exponentially, reaching $50 billion by 2030 from $12 billion in 2023.
MedTech Sector Projected to Reach $20 Bn by FY27 with Govt’s New Manufacturing Scheme November 14, 2024 India’s MedTech sector is set to expand to $20 billion by FY27 with a new government scheme supporting domestic manufacturing, targeting reduced import dependence and cost stability.