PLI Scheme For Promotion Of Domestic Manufacturing Of Medical Devices - Ministry of Chemicals & Fertilizers | Current Affairs | Vision IAS

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ESC

PLI Scheme For Promotion Of Domestic Manufacturing Of Medical Devices

Updated: 17 Oct 2025
Ministry: Ministry of Chemicals & Fertilizers
Beneficiary: Miscellaneous

Overview

The PLI Scheme for Medical Devices is a Central Sector initiative (2020–21 to 2027–28) to promote domestic manufacturing, ensure a level playing field, and attract significant investment in the sector.

Quick Facts

  • Type: Central Sector Scheme
  • Purpose: To ensure a level playing field for the domestic manufacturers of medical devices
  • Applicant: Any company registered in India committed for investment in a Greenfield Project
  • Tenure: FY 2020-21 to FY 2027-28 

Objectives

  • To boost domestic manufacturing, attract large investment in the Medical Device Sector.

Salient Features

A horizontal timeline showing four target segments for eligible products - Cancer care/Radiotherapy medical devices, Radiology & Imaging medical devices and Nuclear Imaging devices, Anaesthetics & Cardio-Respiratory medical devices, and All Implants including implantable electronic devices, each represented with relevant medical icons.
  • Eligible investment: Expenditure incurred on
    • New plant, machinery, equipment
    • Research and Development (R&D)
    • Transfer of Technology (ToT)
    • Construction of building
  • Financial incentive
    • Tenure of incentive payment: Maximum 5 years
    • 5% of incremental sales over base year 2019-20.