India's medical tech sector set to get 1st dedicated fund of 1,000 crore

India's medtech sector is poised for growth with the launch of MedArtha Capital, a Rs 1,000 crore fund. Spearheaded by industry veterans, it aims to back 10-12 high-growth companies, boosting 'Make in India' and reducing import reliance. The government may invest Rs 500 crore, supporting innovation in critical medical devices.

India's medical tech sector set to get 1st dedicated fund of 1,000 crore
India's medtech sector is poised for growth with the launch of MedArtha Capital, a Rs 1,000 crore fund. Spearheaded by industry veterans, it aims to back 10-12 high-growth companies, boosting 'Make in India' and reducing import reliance. The government may invest Rs 500 crore, supporting innovation in critical medical devices.