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Budget 2023: MedTech Seeks Innovation & Research Funding For Healthcare

13 - January - 2023

According to MedTech businesses, a separate budget of USD 1 to USD 5 million needs to be set aside for the international promotion, advertising, and marketing of the Indian medical device industry

The MedTech industry may benefit from some improvements under Budget 2023–24. Like last year, medical technology industries expect additional reforms that may boost the business. There are great expectations from the finance ministry as the eagerly awaited Union Budget 2023–24 approaches the door. The government should consider some suggestions made by different MedTech companies as the industry hopes for the sector's expansion. 

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