Production Linked Incentive Schemes

The chemicals and Fertilizers Ministry has revised the Production Linked Incentive Schemes for promoting domestic manufacturing of bulk drugs and medical devices.

• The chemicals and Fertilizers Ministry has revised the Production Linked Incentive Schemes for promoting domestic manufacturing of bulk drugs and medical devices.
• The ‘Minimum Threshold’ investment requirement has been replaced by ‘committed investment’ taking into account availability of technology choices which varies from product to product.
• The change has been made to encourage efficient use of productive capital.
• Earlier Production linked schemes by Department of Pharmaceuticals:
  1. Production Linked Incentive scheme for promotion of domestic manufacturing of critical Key Starting Materials, Drug Intermediates and Active Pharmaceutical Ingredients in India;
  2. Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices.