The CII-Grant Thornton study seeks to address the multiple factors that have been impeding the growth of medical technology in India over the last few decades. It highlights the need for smooth flows of FDI, technical and R&D collaborations, a strong incentive to manufacture in India, the need for a robust technological ecosystem to support this manufacturing activity and an appropriate regulatory regime. Addressing these points should help reshape the medical technology industry in India, put India on the global map as a provider of innovative and cost-effective medical technologies and ultimately lead to improved patient outcomes. The study was released at the Sixth Medical Technology Conference organized by CII on 26 September, 2013 at New Delhi.