Confederation of Indian Industry

24/08/2026

India continues to strengthen its position as a destination for medical travel, with more than 500k foreign nationals arriving for medical treatment in 2025. Medical travel accounted for 5.5% of India's total foreign tourist arrivals, reflecting the sector's growing contribution to the country's healthcare and tourism ecosystem.

24/08/2026

The Indian smartwatch market is projected to expand significantly, rising from around US$ 4.90 Trillion in 2025 to around US$ 10.60 Trillion by 2035. This steady growth reflects strong consumer demand for health monitoring and connected living solutions. As wearable technology becomes an everyday essential, smartwatches are redefining the digital lifestyle landscape across India.

23/08/2026

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Blogs

23/08/2026

India has emerged as the world’s 3rd-largest fintech ecosystem, powered by a rapidly expanding digital economy and a strong startup base.
With over 3k DPIIT-recognised fintech startups, the sector continues to drive innovation, expand access to financial services, and strengthen India’s position in the global fintech landscape.

22/08/2026

Driven by growing internet pe*******on and a rising preference for connected living, the Indian smart home market is projected to skyrocket from US$ 912 Million in 2023 to a massive US$ 4 Billion by 2028.
From automated lighting to AI-driven security, smart tech is fast becoming an everyday essential in modern Indian households.

22/08/2026

India’s chemical industry is poised for significant expansion, with the sector projected to reach a market size of US $1 Tn by 2040. The growth opportunity is supported by rising domestic demand, expanding manufacturing capabilities, and India’s increasing role in global value chains.

22/08/2026

Listen to Dr RS Goswami, Past Chairman, CII Madhya Pradesh & Chief Executive Officer, Hind Pharma, shares his valuable insights on vision, innovation and leadership.

He is in conversation with Animesh Jain, Past Chairman, CII Madhya Pradesh & Executive Director, R M Chemicals Southeast Asia Inc.

CII Podcast ➡️ https://bit.ly/4ydxNcL

21/08/2026

“We must become a country that designs, develops, manufactures, and exports the technologies that shape the future of healthcare across the world, from made in India to designed and innovated in India.”- Dr Jitendra Singh, Hon’ble Union Minister of State (Independent Charge) of the Ministry of Science and Technology; Minister of State (Independent Charge) of the Ministry of Earth Sciences; Minister of State in the Prime Minister’s Office; Minister of State in the Ministry of Personnel, Public Grievances, and Pensions; Minister of State in the Department of Atomic Energy; and Minister of State in the Department of Space, Government of India, in his special address during the ‘Special Plenary Session on Medtech for All: Driving Accessible, Affordable & Quality Healthcare’ at the 18th CII Global MedTech Summit ‘MedTech for All: Driving Accessible, Affordable & Quality Healthcare’

The Hon’ble Minister also highlighted that, “India's next healthcare breakthrough will come from collaboration, and for this, the Government, Industry, and academia must build together from start-ups to hospitals, from labs to market, and accelerate innovation to reach every patient of this country. Together we can make India a global MedTech leader.”

Dr Jitendra Singh PMO India Department of Science and Technology, Government of India

21/08/2026

The Inaugural session of the 18th CII Global MedTech Summit 2026 was held in New Delhi today.

While addressing the session Dr M Srinivas, Member Health, NITI Aayog , said, "MedTech is not just an industry. We are a strategic pillar for the nation because it’s not just about a product; but saving the lives of people. CT, MRI, linear accelerators, etc., are also happening, but we have to be quality conscious. It is our job for academic institutions, industry, and regulators to come together. The entire ecosystem is there to gain hands-on experience with the best."

The session was also addressed by:

-Shishir Agarwal, Chairman, CII National Medical Technology Forum & President & Managing Director, Terumo India

-Gaurav Agarwal, Co - Chairman, CII National Medical Technology Forum & Managing Director, Innvolution Healthcare Pvt Ltd

-Rajeev Singh Raghuvanshi, Drugs Controller General (India), Central Drugs Standard Control Organization (CDSCO), Ministry of Health and Family Welfare, Government of India

-Manoj Joshi, Secretary, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers

The session was moderated by Amita Sarkar, Deputy Director General, CII

20/08/2026