Production Linked Incentive Scheme for Promoting Domestic Manufacturing of Medical Devices

A financial incentive to boost domestic manufacturing of Medical Devices

Production Linked Incentive Scheme (PLI)

Provide a level playing field for Domestic Medical Device Sector

Production Linked Incentive Scheme (PLI)

Towards building Atmanirbhar Bharat in medical devices

Honourable Union Minister
Ravi Shankar Prasad
Honourable Union Minister of State
Sanjay Dhotre

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.