<h1>Minister urges MedTech industry to pursue ambitious growth via R&D&I Scheme and PLI, boosting domestic manufacturing and exports</h1> The Union Minister of Commerce and Industry urged the MedTech industry to pursue ambitious growth using the government's Research Development and Innovation Scheme and Production Linked Incentive program, emphasizing supply-chain security, export orientation and domestic manufacturing of high-value devices. He reported advanced negotiations on comprehensive FTAs with multiple jurisdictions and ongoing talks for a bilateral trade treaty with the US, stating these agreements will expand market access and investment. The government pledged regulatory streamlining for faster approvals, increased R&D funding, and workforce skilling to promote affordable, high-quality, globally competitive medical devices.