India, Nov. 10 -- The Government of India has invited fresh applications under the Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices (PLI-MD), which has now been extended up to 2035-36. Approximately Rs 2700 Cr outlay available under the Scheme will be utilized for the purpose. The applicants can submit applications through an online portal, which would be operational in the next 10 days.
Launched in 2020-21, the PLI-MD scheme has led to domestic manufacturing of over 60 high end medical devices and components, including X-ray tubes and detectors, 1.5T MRI, LINAC, CT scanners, mammography machines, Cathlab, orthopaedic and cardiac implants, dialyzers etc till date. The scheme has resulted in product...