Medtech exporter Poly Medicure bets on high-tech pivot and acquisitions to fend off macro headwinds
New Delhi, May 28 -- While Indian medtech exporters have faced a host of global headwinds over the past year, including the Red Sea crisis, US tariffs, increasing competition from Chinese rivals, and the war in West Asia, the country's largest listed medical equipment exporter has remained resilient. Poly Medicure expects to more than double its growth rate this year on the back of recent acquisitions and increased focus on high-tech equipment.
The company's consolidated revenue grew 12.3% year-on-year to Rs.1,875.3 crore in FY26, with a large portion of this growth coming from two strategic acquisitions made in September 2025: those of Italian orthopaedic device maker Citieff and Dutch medical devices company PendraCare Group, which spe...
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