A 316L stainless steel (SS) alloy was developed with 1, 3, and 5 vol titanium (Ti) reinforcement using the powder injection molding route, representing a low-cost option for biomedical implants. The investigation encompassed 1300 °C, 1350 °C, and 1380 °C sintering temperatures to ascertain the optimal physical and mechanical properties. Both sintering temperature and Ti influenced sintered density, and Ti mitigated the deleterious effects of residual carbon. At higher sintering temperatures, carbon and silicon tended to migrate and accumulate at the brink of Ti, leading to the formation of intermetallic compounds and increased brittleness. Dispersed Ti particles within the 316L matrix acted as nucleation sites and enhanced solid solubility with improved density. An astounding 96.11 sintered density was achieved at 3 vol Ti sample sintered at 1380 °C. During the tensile test, 5 vol Ti at 1380 °C exhibited a low modulus of 58.9 GPa, which is highly desirable for orthopedic implant application. The XRD, SEM, tensile test, and nano-indentation results collectively provide evidence of beta-titanium formation during the sintering process. Conversely, the sample incorporating 3 vol titanium, sintered at 1380 °C, demonstrated a balanced performance, showcasing 432.94 ± 12.8 MPa ultimate tensile strength, 3.06 ± 0.17 elongation, 74.2 GPa modulus, and 322 MPa and 423 MPa 0.2 offset flexural and compressive yield strengths, respectively. Notably, an improvised wear resistance test underscored its aptitude for sliding wear resistance, solidifying its potential as a promising candidate for biomedical implants. © 2023 The Authors