PLI scheme

Venus Remedies Nets INR 7.5 Cr under PLI Scheme March 7, 2024 Haryana-based pharmaceutical company Venus Remedies has secured its initial disbursement of INR 7.5 Cr under the central government's Production Linked Incentive (PLI) scheme.

Medical Devices PLI Scheme Records INR 879 Cr+ Investments till Sep 2023 January 2, 2024 Launched in July 2020, the PLI scheme seeks to bridge the manufacturing gap in medical devices within the country compared to other economies.

Indian Govt Approves 51 Pharmaceutical Cos for PLI Scheme October 30, 2023 Indian Government's PLI Scheme greenlights 51 pharma companies to reduce dependency on imported APIs, marking a pivotal stride toward self-sufficiency and strengthening the 'Make in India' vision.

Centre Approves INR 6,000 Cr Investment for Pharma & Medical Devices under PLI Scheme: Amit Shah October 3, 2023 This investment aims to foster the production of APIs and KSMs, essential components in drug and medical device manufacturing, as part of the government's holistic approach to cultivate a robust ecosystem for the domestic production of these vital healthcare components.

Nitika Pharma Unveils Microcrystalline Cellulose Manufacturing Plant in Nagpur September 22, 2023 Maharashtra-based Nitika Pharmaceuticals Specialities, a manufacturer of excipients, has unveiled its microcrystalline cellulose (*Tabcell) manufacturing plant at Butibori, Nagpur. 

India's Time To Take Lead in Medical Device Sector is Now: Health Minister Mandaviya August 18, 2023 Over the past decade, India's healthcare domain has experienced a remarkable expansion, positioning the country as a significant player in the worldwide medical device market.