Haryana issues MedTech manufacturing policy, eyes ₹3000 crore investment

The Government of Haryana on March 14, 2024, issued the Draft Haryana Medical Devices Manufacturing Policy, 2024.

The following has been stated:
Vision:

• “To transform Haryana as a global leading hub for the manufacturing of medical devices by developing a thriving ecosystem.”

Mission:

• Create a conducive environment for the manufacturing of medical devices in the State.
• Promote the ‘Make in India’ campaign by tapping into the entire value chain of the healthcare domain and reducing dependence on imports and indigenizing the manufacturing of medical devices.
• Promote continuous innovation, encouraging the development of advanced and cost-effective medical solutions, and maintaining stringent quality control.
• Fostering an ecosystem of continuous improvement and innovation.

Objectives:

• Attract investments of INR 3000 Cr. in Medical Device manufacturing.
• Create at least 20,000 employment opportunities within the state.
• Promote exports from Haryana by equipping companies with the prerequisites necessary for access to the global market.
• Foster innovation, research, and development to bridge the technological gaps in the medical device sector.

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