MAM
Policy with a pulse Kotadia joins FICCI to shape India’s Medtech moment
MUMBAI: When healthcare meets policy, the stakes are anything but clinical. India’s fast-growing medical devices sector has added a new voice at the table with the appointment of Bhargav Kotadia as co-chair of FICCI’s Medical Devices Committee.
Founded in 1927, the Federation of Indian Chambers of Commerce and Industry (FICCI) has long been a bridge between government, industry, academia and research institutions. Within that ecosystem, its Medical Devices Committee plays a central role in shaping India’s MedTech agenda, from regulation and manufacturing to innovation and global competitiveness.
Accepting the appointment, Kotadia thanked FICCI president Anant Goenka and reiterated Sahajanand Medical Technologies’ commitment to the sector. He pointed to the scale of opportunity ahead, noting that industry estimates peg India’s medical devices market at around USD 30 billion by 2030, making it one of the country’s most promising growth engines over the next decade.
That growth, he said, aligns closely with the prime minister’s Viksit Bharat vision, as India positions itself as a global hub for healthcare manufacturing and innovation. With sustained collaboration between industry and government, Kotadia added, the focus will be on strengthening the MedTech ecosystem, improving global competitiveness and driving sustainable, innovation-led expansion.
Beyond the appointment itself, SMT is expected to remain actively involved in the committee’s work, contributing to policy formulation, stakeholder consultations and thought leadership. The company has, in recent years, played a visible role in discussions around regulatory reform, import substitution, R&D enhancement, Free Trade Agreements and the adoption of advanced technologies in healthcare delivery.
SMT’s continued leadership presence within FICCI underscores a broader shift in India’s medical devices narrative: from dependency to design, from imports to innovation. As policy frameworks evolve and ambitions scale up, the committee’s work will help determine how quickly and confidently India’s MedTech story moves from potential to practice.
Brands
Axis Bank named Official Banking Partner of DP World PGTI
Partnership supports all tournaments this season to grow professional golf in India.
MUMBAI: Axis Bank just teed up a hole-in-one partnership because when a bank sponsors golf’s biggest swing in India, even the fairways feel more financially secure. Axis Bank has been appointed Official Banking Partner of the DP World Professional Golf Tour of India (DP World PGTI), strengthening its commitment to sporting excellence and community engagement while backing the growth of professional golf across the country.
Under the partnership, Axis Bank will support all DP World PGTI tournaments this season, contributing to talent development, enhanced tournament experiences and wider fan engagement. The collaboration aligns the bank’s values of precision, discipline and trust with the Tour’s focus on performance and opportunity.
Axis Bank executive director Munish Sharda said, “We are pleased to partner with DP World PGTI as its Official Banking Partner. Golf embodies precision, discipline, and a pursuit of excellence qualities that strongly reflect who we are at Axis Bank. This association also strengthens our engagement with India’s growing premium customer segments, where the sport has a deep and enduring connect.”
Professional Golf Tour of India president Kapil Dev said, “We are extremely pleased to welcome Axis Bank as a Tour Partner of the DP World Professional Golf Tour of India. Partnerships of this stature play a vital role in strengthening the foundation of the Tour, enhancing opportunities for our players, and expanding the sport’s reach across the country.”
Professional Golf Tour of India CEO Amandeep Johl added, “Axis Bank’s strong legacy of excellence, innovation, and nationwide reach aligns perfectly with DP World PGTI’s goal to elevate professional golf in India and provide greater opportunities for our players.”
In a sport where every stroke counts and every partnership drives distance, Axis Bank isn’t just backing golfers, it’s investing in the fairway to future, turning India’s greens into a stage where precision meets passion and every drive has the power to inspire.
