PLI Scheme for pharma helps India substitute 35 imported raw materials
For the pharma sector, the government had earmarked over $2 billion worth of incentives to start producing 53 APIs for which India relies heavily on China
For the pharma sector, the government had earmarked over $2 billion worth of incentives to start producing 53 APIs for which India relies heavily on China
The government has extended applications and increased PLI outlay after seeing the encouraging response for certain sectors, says ICRA.
Production-linked incentive scheme has potential to generate ₹30 lakh crore production, says finance minister Nirmala Sitharaman in her Budget speech.