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India Boosts Medical Device Industry with New Initiatives

India Boosts Medical Device Industry with New Initiatives

While India’s medical device industry has grown at a steady 14%–15% annually for most of the last decade, it only accounts for 1.5% of the global market.  Now the country’s federal government has created a far-reaching policy with the goal of spiking growth to over 20% for the next decade.

Read my article in Medical Device Online where I bring out a number of opportunities for American and global medical device companies.

Last updated: December 26th, 2025

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Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.

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