India’s medical devices industry is set to grow from USD 15.2 billion in 2025 to USD 50.1 billion by 2030, driven by government initiatives, rising healthcare demand, and investment. Exports reached USD 4.1 billion in FY25, while imports of advanced devices remain high. The sector includes around 800 manufacturers

Prime Minister Narendra Modi praised Finance Minister Nirmala Sitharaman for presenting a comprehensive roadmap for economic transformation in the Union Budget 2026-27. Highlighting reforms, MSME support, skilling, infrastructure, healthcare and education, Sitharaman said Rs 25.44 lakh crore will be transferred to the states