MedArtha Capital, in collaboration with Andhra Pradesh MedTech Zone Limited (AMTZ), has launched India’s first dedicated MedTech Capital fund, marking a significant step toward accelerating innovation, research, and manufacturing in India’s growing medical device ecosystem.
The platform was unveiled by Union Minister for Commerce and Industry Piyush Goyal, who described the country’s MedTech sector as a “sunrise opportunity” driven by a strong talent pool and rising awareness around preventive healthcare.
As global demand for advanced medical technologies continues to grow, initiatives like this are expected to strengthen India’s MedTech ecosystem, encourage innovation-driven startups, and support the development of globally competitive medical device manufacturers.
Dr Jitendra Sharma, MD, Founder & CEO - Andhra Pradesh MedTech Zone Limited remarked, "India's strong engineering capabilities, clinical expertise, and cost-efficient manufacturing position the country to build globally significant medical device companies."
Ganesh Sabat, Managing Partner at MedArtha Capital, highlighted that building globally competitive medical technology companies requires the right capital, deep domain expertise, and access to specialised manufacturing infrastructure, such as AMTZ, to support entrepreneurs in scaling innovation.
