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Press Release

PLI Scheme for Bulk drugs and Medical devices is being received positively

PLI Scheme is an outcome- and output-oriented scheme where incentives will be paid only if the manufacturers make the goods…PLI for Bulk Drugs and PLI Scheme for Medical Devices have shown a very positive response from the pharmaceutical as well as the medical device industry, according to the government.

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News

Can PLI be a boost to the Manufacturing Sector of the Indian Economy?

Manufacturing sector of the Indian industry has consistently underperformed in the last few decades, with a mere 16-17% contribution to the GDP…Will PLI be able to increase the sector’s contribution and actualize its growth potential?