market research agencies in mumbai
16 Feb 2023

PLI Scheme – Enhancing MedTech Companies’ Performance


Production Linked Incentive (PLI) Scheme is a government program in India that aims to encourage domestic production of critical and high-demand healthcare products, such as medical devices, drugs, and other pharmaceutical products. The program provides financial incentives to companies that increase their production of these products within India. The goal of the PLI Scheme is to boost domestic manufacturing and reduce the country's dependence on imported healthcare products, which can be vulnerable to supply chain disruptions and price fluctuations. The PLI Scheme is part of the Government of India's "Make in India" initiative, which seeks to increase domestic production and reduce India's reliance on imported goods.

The following companies have received approval under Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of Medical Devices