India's Med-Tech industry is growing rapidly but faces challenges, particularly a heavy reliance on imported medical devices, with 80% sourced from abroad. To address this, companies like Poly Medicure are investing Rs. 500 crore to expand manufacturing and innovate in critical care, oncology, and cardiology, while also targeting growth in European, US, and Latin American markets. The sector aims to enhance healthcare outcomes and solidify India's position as a global leader in medical technology.
