India, May 1 -- In recent years, India's laboratory and analytical instrument industry has witnessed robust growth, driven by the country's leadership in pharmaceuticals, biotechnology, and healthcare. However, despite this progress, a significant portion of high-end processing and analytical measurement equipment is imported from leading Western countries.

According to Chandrahas Shetty, President of the Indian Analytical Instruments Association (IAIA), over 80 per cent of such equipment is sourced from countries like the USA, Germany, France, Italy and others. This dependency underscores the urgent need for domestic players to capitalise on emerging opportunities and reduce reliance on imports.

Highlighting the dynamic nature of the i...