The Ministry of Chemicals and Fertilizers on 14th March 2022 has extended the date of receipt of applications for the vacant slots under “Production Linked Incentive (PLI) Scheme for Promotion of Domestic Manufacturing of critical Key Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients (APIs) in the Country” shortly called as PLI scheme for Bulk Drugs till the end of March 2022.
Based on the representation received from the Industries/Associations, the Department has decided to extend the timeline for filling of application upto 31.03.2022. Bulk Drug Industries can apply for the vacant slots at https://plibulkdrugs.ifciltd.com/
The Department is implementing three PLI schemes viz PLI scheme for Bulk Drugs , PLI scheme for Medical Devices and PLI scheme for Pharmaceuticals to increase the domestic manufacturing of Bulk Drugs, Medical Devices and pharmaceuticals respectively and to create global champions in the field of Pharmaceuticals and Medical Devices (IVDs).
The objective of the scheme is to enhance India’s manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification to high value goods in the pharmaceutical sector. One of the further objectives of the scheme is to create global champions out of India who have the potential to grow in size and scale using cutting edge technology and thereby penetrate the global value chains.
