MedTech Mitra Initiative
In simpler terms, the MedTech Mitra initiative is a groundbreaking effort by the Indian government to bolster the medical technology sector. Launched in December 2023, it aims to support and guide MedTech startups and innovators in India. This initiative will assist them in clinical evaluation, regulatory facilitation, and market entry of new healthcare products. It is expected to reduce India’s reliance on imported medical technology, stimulate indigenous innovation, and make healthcare solutions more affordable and accessible across the country. The MedTech Mitra initiative represents a significant step towards India’s goal of becoming a global leader in medical technology and healthcare by 2047.
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