MTaI visit to MP coincides with rising FDI in MedTech

Medical Technology Association of India (MTaI), which represents leading research-based medical technology companies with significant investments in manufacturing, appreciated the government for creating a welcoming business environment which is playing an important role in attracting foreign investments in the MedTech sector.

Several medical device parks are being developed in India to further the ‘atmanirbhar’ vision of the government in the MedTech space. In addition to the parks in Andhra Pradesh, Telangana, Tamil Nadu and Kerala, Medical Device parks are also being created in Madhya Pradesh, Himachal Pradesh, Tamil Nadu and Uttar Pradesh.

Pavan Choudary, Chairman & Director General, MTaI, said, “MTaI is India’s premier MedTech association and represents a wide spectrum of the medical device and equipment industry. Through its member’s investments in manufacturing, R&D and Healthcare worker training it has served the Indian patient while at the same time created most of the market that exists in the country today. Daily Pioneer