PLI schemes strengthen India’s pharmaceutical, bulk drugs and medical devices manufacturing ecosystem

September 25, 2026 4:56 PM

PLI schemes strengthen India’s pharmaceutical, bulk drugs and medical devices manufacturing ecosystem

The Production Linked Incentive (PLI) schemes implemented by the Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers have helped expand domestic manufacturing in India's pharmaceutical and medical devices sectors, reduce import dependence and promote technology adoption, according to the government.   The initiatives cover critical pharmaceutical raw materials, high-value medicines and advanced medical devices and are aimed at strengthening manufacturing capabilities...

Piyush Goyal hails 12 years of ‘Make in India’, says PM Modi’s vision of manufacturing for the world is taking shape

September 25, 2026 1:53 PM

Piyush Goyal hails 12 years of ‘Make in India’, says PM Modi’s vision of manufacturing for the world is taking shape

Hailing 12 years of ‘Make in India’, Union Commerce and Industry Minister Piyush Goyal on Friday said Prime Minister Narendra Modi’s vision of an India that can “manufacture for the world” while meeting its own needs is taking shape, asserting that “the Make in India lion is silencing the skeptics with a deafening roar.” https://x.com/PiyushGoyal/status/2103360571488018645?s=20 “Looking back on 2014, one may recall debates about India’s manufacturing potential. At a time when...

PLI schemes attract over Rs 2.40 lakh crore investment, generate more than 14.15 lakh jobs: Government

July 21, 2026 6:59 PM

PLI schemes attract over Rs 2.40 lakh crore investment, generate more than 14.15 lakh jobs: Government

The Government on Tuesday said that the Production Linked Incentive (PLI) Schemes have attracted investments of more than ₹2.40 lakh crore and generated over 14.15 lakh jobs since their launch, while exports under the schemes have crossed ₹15.2 lakh crore, reflecting the growing strength of India's manufacturing sector. The PLI Schemes, covering 14 key sectors with an approved financial outlay of ₹1.91 lakh crore, were launched to enhance domestic manufacturing capabilities, attract inves...

PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

December 3, 2025 10:42 AM

PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

The government has stepped up efforts to expand domestic chemical and pharmaceutical manufacturing through a combination of infrastructure development and Production Linked Incentive (PLI) schemes, the Ministry of Chemicals and Fertilizers said on Tuesday. According to details shared by Minister of State Anupriya Patel in the Rajya Sabha, multiple schemes are currently under implementation to promote investment, expand production capacity, and reduce import dependency across key segments. The ...

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

July 22, 2025 3:13 PM

PLI schemes see actual investment of Rs 1.76 lakh crore, create over 12 lakhs jobs: Minister

The production-linked incentive (PLI) schemes have realised actual investment of Rs 1.76 lakh crore till March 2025 across 14 sectors, which has resulted in incremental production/sales of over Rs 16.5 lakh crore and employment generation of over 12 lakhs (direct and indirect), the Parliament was informed on Tuesday. To date, 806 applications have been approved under PLI schemes across 14 sectors. These schemes have incentivized domestic manufacturing, leading to increased production, job creat...