Ministry of Health and Family Welfare vide press release dated 09 December 2022 has announced the measures to promote medical device manufacturing in the country. Department of Pharmaceuticals has taken the following programmatic interventions to encourage domestic manufacturing to reduce import dependency of medical devices:
- Under the scheme “Promotion of Medical Devices Parks”, final approval for financial assistance of Rs. 100 crore each has been given to the States of Uttar Pradesh, Tamil Nadu, Madhya Pradesh and Himachal Pradesh for establishment of common facilities in their Medical Device Parks. The Parks will provide common testing and laboratory facilities / centre at one place reducing the manufacturing cost significantly and help in creating a robust ecosystem for medical device manufacturing in the country. First installment of Rs. 30 crore has been released to each of the selected States.
- Under the sub-scheme “Assistance to Medical Device Industry for Common Facility Centre”, approval for grant-in-aid of Rs. 25 crore was provided to Andhra Pradesh Medtech Zone Ltd. (AMTZ), Andhra Pradesh for establishment of Common Facility for Super conducting magnetic coil testing and research facility.
- Under the Production Linked Incentive (PLI) scheme for Pharmaceuticals, with the tenure from FY 2020-2021 to 2028-29, five (5) industry applicants have been selected under the scheme for in-vitro diagnostic medical devices.