Upcoming 50 pharma manufacturing plants under PLI scheme to be completed in 2 years: Centre
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-09-28 11:22 GMT | Update On 2024-09-28 11:22 GMT
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New Delhi: The Centre has informed that the 50 upcoming pharmaceutical manufacturing plants under the production-linked incentive (PLI) scheme will be completed within the next two years. Dr. Arunish Chawla, Secretary of the Department of Pharmaceuticals, stated that over 50 new greenfield manufacturing facilities for pharmaceuticals and medical devices have already been completed.
At the annual pharma summit 2024 organised by industry chamber Assocham, he said, “The PLI plants have catalysed $10 billion in exports from India to countries with the highest regulatory standards.”
“Many reforms have been done in both the regulatory framework and in the schemes. We are working very hard to upgrade the quality framework for all pharma and drug units. We want to make India not just a pharmacy of the world, but a reliable pharmacy of the world,” the Secretary emphasised.
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