Home R & D Nano IITs and ICMR have partnered for Make-in-India product development and commercialization

IITs and ICMR have partnered for Make-in-India product development and commercialization

IITs and ICMR have partnered for Make-in-India product development and commercialization

The Indian Institutes of Technology (IITs) and the Indian Council of Medical Research (ICMR) have formed “ICMR at IITs.” By 2025, India’s medical device industry is expected to reach $50 billion in revenue. Collaborating with medical institutions, the CoE will develop healthcare solutions that are cost-effective and accessible to all.

Key Highlight:

  • The Indian Institutes of Technology (IITs) and the Indian Council of Medical Research (ICMR) have formed “ICMR at IITs.”
  • By 2025, India’s medical device industry is expected to reach $50 billion in revenue.
  • Collaborating with medical institutions, the CoE will develop healthcare solutions that are cost-effective and accessible to all.
  • The ICMR-DHR CoE has been established at six Indian Institutes. of Technology.

With the Indian Institutes of Technology, the Indian Council of Medical Research (ICMR) is establishing “ICMR at IITs” by setting up centers of excellence (CoE) for medical device and diagnostics product development and commercialization in India.

Products and technologies developed by research centers are expected to meet the needs of government programs such as the National Health Mission, Ayushman Bharat, and other public health initiatives.

The ICMR-DHR CoE has been established at six Indian Institutes of Technology (IITs), including IIT Bombay, IIT Guwahati, IIT Hyderabad, IIT Kanpur, and IIT Madras. It is hoped that the establishment of the “ICMR at IITs” will help bridge the gap between technology development and commercialization. It is estimated that by 2025, the medical device industry in India will be worth an estimated $50 billion.

Medical devices and diagnostics are a major source of imports for the Indian healthcare sector and the ICMR at IITs will help address this gap by fostering the development of robust, state-of-the-art, “Make in India” medical devices and diagnostics by partnering with IITs. Medical institutions will collaborate with the ICMR and DHR CoE at IITs in order to develop need-driven, affordable and inclusive healthcare solutions for wider adoption.

Director General of the Indian Council of Medical Research (ICMR), Balram Bharagava, addressed the directors and deans of the Indian Institutes of Technology (IITs) in New Delhi and pledged support and commitment to this effort.

Indian manufacturing will be incentivised and motivated by the establishment of the ICMR-DHR CoE at Indian Institutes of Technology (IITs). The CoE will provide holistic support to technologies/products that are nearing commercialization. India’s lack of affordable medical devices necessitates a “more for less for more” approach to product development, with the goal of making “global affordable need-driven healthcare innovation” a reality (GANDHI). As a result, the Indian population will have better access to affordable, high-quality healthcare, especially in the middle and lower income brackets.

There will be large-scale implementation of the program, which will contribute to economic growth by reducing imports, and the Council hopes to take these technologies for commercialization in public-private partnerships with the involvement of industry.

IIT Bombay is India’s top university, ranking 42 in QS Asia University Rankings 2022
Today, Quacquarelli Symonds issued the 2022 QS Asia University Rankings. IIT Bombay earned a score of 71 out

Labs at IIT Indore will be virtually accessible to students of other institutions
Thanks to the institute, students from other academic institutions will be able to use IIT Indore’s modern

IIT-Madras has set up an incubation cell modeled after Stanford University
The Indian Institute of Technology-Madras incubation cell is based on the one at Stanford University. The

IIT Delhi receives the Clarivate India Research Excellence Citation Award 2021
Since 2004, Clarivate has identified and rewarded India’s most prominent research institutes and researchers

IIT-Madras Researchers Park and St Andrews University are collaborating on renewable energy
In this project, the government of the United Kingdom is funding the dissemination of information and

IIT Delhi Sets up a Chair to support chemical research and training efforts
Professor NK Jha joined the chemistry faculty in 1965 as a lecturer and was one of the department’s founding

Stanford University lists 13 IIT Patna professors as the top 2% of scientists in the world
Researchers at Stanford University in the United States have published data on the world’s top 2% of

IIT-Guwahati researchers have developed an “environmentally friendly and energy-efficient cook-stove”
There will be approximately 280 million Indians using LPG as of the 1st of February in 2021. Over 300 million

4 COMMENTS

  1. […] IITs and ICMR have partnered for Make-in-India product development and commercializationThe Indian Institutes of Technology (IITs) and the Indian Council of Medical Research (ICMR) have formed IIT Bombay is India’s top university, ranking 42 in QS Asia University Rankings 2022Today, Quacquarelli Symonds issued the 2022 QS Asia University Rankings. IIT Bombay earned a score of 71 out Labs at IIT Indore will be virtually accessible to students of other institutionsThanks to the institute, students from other academic institutions will be able to use IIT Indore’s modern IIT-Madras has set up an incubation cell modeled after Stanford UniversityThe Indian Institute of Technology-Madras incubation cell is based on the one at Stanford University. The IIT Delhi receives the Clarivate India Research Excellence Citation Award 2021Since 2004, Clarivate has identified and rewarded India’s most prominent research institutes and researchers IIT-Madras Researchers Park and St Andrews University are collaborating on renewable energyIn this project, the government of the United Kingdom is funding the dissemination of information and IIT Delhi Sets up a Chair to support chemical research and training effortsProfessor NK Jha joined the chemistry faculty in 1965 as a lecturer and was one of the department’s founding Stanford University lists 13 IIT Patna professors as the top 2% of scientists in the worldResearchers at Stanford University in the United States have published data on the world’s top 2% of […]

  2. […] IITs and ICMR have partnered for Make-in-India product development and commercializationThe Indian Institutes of Technology (IITs) and the Indian Council of Medical Research (ICMR) have formed IIT Bombay is India’s top university, ranking 42 in QS Asia University Rankings 2022Today, Quacquarelli Symonds issued the 2022 QS Asia University Rankings. IIT Bombay earned a score of 71 out Labs at IIT Indore will be virtually accessible to students of other institutionsThanks to the institute, students from other academic institutions will be able to use IIT Indore’s modern IIT-Madras has set up an incubation cell modeled after Stanford UniversityThe Indian Institute of Technology-Madras incubation cell is based on the one at Stanford University. The IIT Delhi receives the Clarivate India Research Excellence Citation Award 2021Since 2004, Clarivate has identified and rewarded India’s most prominent research institutes and researchers IIT-Madras Researchers Park and St Andrews University are collaborating on renewable energyIn this project, the government of the United Kingdom is funding the dissemination of information and IIT Delhi Sets up a Chair to support chemical research and training effortsProfessor NK Jha joined the chemistry faculty in 1965 as a lecturer and was one of the department’s founding Stanford University lists 13 IIT Patna professors as the top 2% of scientists in the worldResearchers at Stanford University in the United States have published data on the world’s top 2% of […]

LEAVE A REPLY

Please enter your comment!
Please enter your name here