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Industry Specific- Pharma Central Ministry of Chemicals and Fertilizers Pharmacy Act, 1948

Guidelines for the production linked incentive (PLI) scheme for promoting domestic manufacturing of medical devices

25-Feb-2023 | 31026/19/2020-MD

The Department of Pharmaceuticals has issued guidelines for the production linked incentive (PLI) scheme for promoting domestic manufacturing of medical devices to boost domestic manufacturing and attract large investments in the medical device sector.
The highlights of these guidelines are:
i. The scheme is applicable to any of the company registered in India or proposing to manufacture goods under the target scheme.
ii. Group companies means two or more enterprises which directly or indirectly exercise twenty six percent or more voting rights in the enterprise.
iii. The incentive under this scheme will be provided to each selected applicant based on the incremental sale of manufactured goods made by the selected applicant.
iv. Target segments under the Scheme are cancer care, radiotherapy medical devices, Radiology and imaging medical devices, all implants including implantable electronic devices.
For further information refer to the documents, proposals and format which is attached.

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