The newly announced National Medical Devices Policy, 2023, intends to expand India's footprint in the global medical device industry from 1.5% to 10-12% over the next 25 years, resulting in increased sector growth from $11 billion to $50 billion. The policy would help pave the path for India to become an end-to-end healthcare resource centre not just for the country, but also for global accessibility, affordability, quality, and innovation demands.