India, Nov. 11 -- image credit- shutterstock

The central government has invited new applications under the Production-Linked Incentive Scheme to promote domestic manufacturing of medical devices. The scheme has now been extended until 2035-36. An outlay of approximately Rs 2,700 crore available under the scheme will be used for this purpose. Applicants will be able to apply through an online portal, which will be launched within the next 10 days.

Under the Medical Device Production Incentive Scheme, launched in 2021-22, domestic manufacturing of more than 60 high-end medical devices and their components has commenced. These include X-ray tubes and detectors, 1.5 Tesla MRIs, linacs, CT scanners, mammography machines, cathlabs, orthopedic...