Indian Medtech’s Dreams Stalled As Budget 2025 Sidesteps Key Industry Demands

Industry Stakeholders Believe The Budget Fails To Address Sector’s Persistent Needs

The Union Budget 2025 has overlooked several critical aspects that the medical devices and in-vitro diagnostics (IVD) sector had been expecting, industry leaders have pointed out.

Despite repeated requests from industry associations, the government has not introduced a dedicated fund for R&D in medical technology.

The medical devices industry in India has expressed disappointment over the Union Budget 2025, citing inadequate policy support, lack of fiscal incentives and insufficient allocation for research and development (R&D).

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