Scheme for strengthening Medical Device Industry

Key Features of the Scheme

The scheme consists of five sub-schemes, each addressing different aspects of the medical device industry:

Common Facilities for Medical Devices Clusters: It will provide financial assistance to create common infrastructure facilities like R&D labs and testing centres.
Marginal Investment Scheme for Reducing Import Dependence: It aims to deepen the MedTech supply chain by supporting local manufacturing of key components and raw materials.
Capacity Building and Skill Development for Medical Devices: It offers financial support for running various courses to develop skilled technical workforce.
Medical Device Clinical Studies Support Scheme: It will support established companies and start-ups in conducting clinical studies.
Medical Device Promotion Scheme: It aims to support industry associations in organising conferences and conducting surveys to promote medical device activities.