# India must build export-oriented med-tech industry, official says 2026-08-08T03:21:49+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet India must move beyond import substitution to build an export-oriented medical devices industry, Pharma Secretary Manoj Joshi said on August 8, 2026. He noted India's med-tech market is valued at around $16 billion, while the global market exceeds $600 billion, offering huge scope for growth. Separately, the government's self-reliance push under PM-ABHIM and the PLI scheme has begun manufacturing over 50 high-end devices, Hindustan Times reports. Out-of-pocket health expenditure has also fallen from 65% to 43%. DCGI Rajeev Singh Raghuvanshi said the sector is transforming from import-driven to domestic manufacturing-led. ## Coverage - hindustantimes.com - health.economictimes.indiatimes.com Tags: Atmanirbhar Bharat, healthcare, import dependence, manufacturing, medical devices, PLI scheme Canonical: https://indianopinion.org/india-cuts-healthcare-import-dependence-with-med-tech-push/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/india-cuts-healthcare-import-dependence-with-med-tech-push/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.