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India's MedTech Sector Set to Outpace Global Market With 3x Growth: Report
The Business Guardian
|August 30, 2025
The domestic medical technology (MedTech) sector is projected to grow three times the global growth, according to a report by Confederation of Indian Industry (CII), in collaboration with Boston Consulting Group (BCG).
Valued at approximately USD 16 billion, India's MedTech industry currently accounts for only around 2 percent of the approximately USD 680 billion global market, as per the report. With the government's Viksit Bharat 2047 vision, the sector has been identified as a strategic pillar in the "Make in India" agenda, with aspirations to reduce import dependency to below 50 percent and increase India's share of the global market to 10-12 percent.
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The Business Guardian
THE BATTLE FOR BIHAR
This is the final phase for the Bihar election. From all accounts the election has been an interesting one for more than one reason. The campaign itself has been one that has focused on issues rather than the politics of polarization that overtakes election rhetoric these days.
2 mins
November 05, 2025
The Business Guardian
Fitch revises outlook on key Adani entities
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1 min
November 05, 2025
The Business Guardian
Delhi Police bust fake currency racket, three held
The Delhi Police have busted a fake currency racket and arrested three men, including the kingpin, for allegedly manufacturing and circulating counterfeit notes during the festive season, particularly to purchase liquor, officials said on Tuesday.
1 mins
November 05, 2025
The Business Guardian
Zoho Notebook rolls out new AI features for students and businesses
Zoho has introduced a major update to its note-taking application, Zoho Notebook, adding advanced artificial intelligence (AI) features under its in-house AI platform, Zia‘The company has also expanded the free student edition to include Notebook AI, allowing students to access the same intelligent tools as business users.
1 min
November 05, 2025
The Business Guardian
Festive sales boost online credit card spends to record high of Rs 2,167 billion
Credit card spends in the country touched an all-time high of Rs 2,167 billion in September, supported by strong growth in online transactions, according to a report by ACMIIL, a stock market company.
1 min
November 05, 2025
The Business Guardian
REFORMING PRISONS: ALIGNING DOMESTIC NORMS WITH MANDELA RULES & HUMAN RIGHTS STANDARDS
Recently, the Union Home Minister of India, Amit Shah, while addressing a conference on “Extradition of Fugitives: challenges and strategies” organised by the Central Bureau of Investigation (CBI), advocated for the establishment of special prisons to enhance India’s extradition success rate.
3 mins
November 05, 2025
The Business Guardian
Noida startup RooftopFun expands in dome housing sector
From a small idea to a fast-growing brand,RooftopFun Pvt. Ltd.is making waves in India’s housing and hospitality sector.
1 mins
November 05, 2025
The Business Guardian
Umar Khalid's counsel wraps arguments against charges in NE Delhi riots case
The larger conspiracy of theDelhi riotscase accused Umar Khalid’s counsel on Monday concluded his arguements against the framing of charges.
2 mins
November 05, 2025
The Business Guardian
HRKatha Rising Star Awards honour emerging HR leaders
HRKatha Rising Star Leadership Awards, designed to recognise and celebrate the exceptional talent shaping the future of HR in India, concluded the inaugural edition on 31st October 2025, honouring the emerging HR leaders from the corporate word.
1 min
November 05, 2025
The Business Guardian
UNDERSTANDING DIABETES - PREVENTION, TYPES, AND MANAGEMENT
Diabetes has become a major public health challenge in India, affecting millions of people across all age groups.
3 mins
November 05, 2025
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