Production Linked Incentive (PLI) Scheme
The government has launched the Production Linked Incentive (PLI) Scheme to boost domestic manufacturing in the medical devices sector. Under the PLI scheme for Medical Devices, till now, a total of 26 projects have been approved, with a committed investment of INR 1206 Cr (~$147 Mn) to enable growth and innovation in the MedTech industry and make India as the global hub for manufacturing and innovation in the coming years.
INR 3420 Cr
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