CHENNAI: For a state that is a hub for medical tourism, Tamil Nadu figures low as a healthcare innovation and R&D hub. Barring medical devices manufacturing, it has lost out to neighbours Telangana and Karnataka. However, industry trackers say there are green shoots. Most experts TOI spoke to pin their hopes on the IIT-Madras ecosystem.It houses both a healthcare incubation facility (Healthcare Technology Innovation Centre (HTIC) and medtech incubator)and a biotech incubator where startups are working on the next big technology in healthcare.
