Govt launches PLI Scheme for manufacturing of medical devices with Rs 3420 Cr
Govt launches PLI Scheme for manufacturing of medical devices with Rs 3420 Cr Govt launches PLI Scheme for manufacturing of medical devices with Rs 3420 Cr 11 February 2021 | News Source credit: Shutterstock The medical device sector in India suffers from a considerable cost of manufacturing disability vis-à-vis competing economies, inter alia, on account of lack of adequate infrastructure, domestic supply chain and logistics, high cost of finance, inadequate availability of power, limited design capabilities, low focus on research and development (R&D) and skill development etc. With an o...