Mr. J P Nadda
Honourable Union Minister
Ms. Anupriya Patel
Honourable Union Minister of State
Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices
Objective:
The objective of the Scheme is to provide financial incentive to boost domestic manufacturing and attract large investments in the Medical Device Sector.
Target Segments
Target Segment shall mean one of the four segments viz.:i) Cancer care / Radiotherapy medical devices
ii) Radiology& Imaging medical devices (both ionizing & non-ionizing radiation products) and Nuclear Imaging devices
iii) Anaesthetics & Cardio-Respiratory medical devices including Catheters of Cardio Respiratory Category & Renal Care medical devices
iv) All Implants including implantable electronic devices
Tenure of the Scheme
Financial Year 2020-21 to Financial Year 2027-28.