Category: India Pharma Market

India’s Enhanced Pharma Manufacturing Scheme Counters Chinese Imports

India has bolstered its Pharmaceutical Manufacturing Linked Incentive (PLI) scheme to reduce reliance on Chinese imports. With an initial outlay of ₹6,940 crore, the government aims to strengthen the domestic drug manufacturing industry. The PLI schemes, running from 2022-2023 to 2028-29, cover various sectors, including medical devices, pharmaceuticals, and bulk drugs. Under the bulk drugs […]