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New Delhi [India], February 24 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the Production Linked Incentive (PLI) scheme for IT hardware and for pharmaceuticals over a period of Financial Year 2020-21 to 2028-29.
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...
Share this article Share this article ResearchAndMarkets.com's offering. At present, technology has become a lifeline of almost all individuals and businesses, and organizations, irrespective of their size and shape, are actively embracing different technologies to improve their operational efficiency. Businesses in the present age are seeking advanced forms of technology-backed solutions and tools that help their workforce conduct business-related activities anytime and from anywhere. The recent outbreak of COVID-19 and the dwindling global economy have made technology more important than e...