PLI scheme for bulk drugs, DoP extends deadline
Department is implementing three PLI schemes viz PLI scheme for Bulk Drugs (Rs.6,940 Cr), PLI scheme for Medical Devices (Rs.3,420 Cr) and PLI scheme for Pharmaceuticals (Rs.15,000 Cr)} to increase the domestic manufacturing of Bulk Drugs, Medical Devices and pharmaceuticals respectively and to create global champions in the field of Pharmaceuticals and Medical Devices .;
New Delhi: Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers has extended the date of receipt of applications for the vacant slots under "Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs) in the Country" shortly called as PLI scheme for Bulk Drugs till the end of March 2022.
The Department has issued notice on 27th January 2022, inviting the applications for vacant slots (10 APIs) under PLI Scheme for Bulk Drug with the last date of application as 13.03.2022. Based on the representation received from the Industries/Associations, the Department has decided to extend the timeline for filling of application upto 31.03.2022.
Department is implementing three PLI schemes viz PLI scheme for Bulk Drugs (Rs.6,940 Cr), PLI scheme for Medical Devices (Rs.3,420 Cr) and PLI scheme for Pharmaceuticals (Rs.15,000 Cr)} to increase the domestic manufacturing of Bulk Drugs, Medical Devices and pharmaceuticals respectively and to create global champions in the field of Pharmaceuticals and Medical Devices (IVDs).
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