Q. Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers recently launched the 'MEDITECH STACKATHON 2024' at which place?
Answer:
New Delhi
Notes: Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers,Dr. Arunish Chawla, launched the MEDITECH STACKATHON 2024 in New Delhi with CII. This initiative aims to transform India's MedTech sector by analyzing select medical devices' value chain. India's MedTech industry projects a 28% annual growth, aiming for a USD 50 billion size by 2030. Import dependence is high, but policy initiatives could boost exports and domestic manufacturing. Collaboration is vital for growth, quality assurance, and global competitiveness.