PLI plans for basic chemicals in pharma
Business Standard|May 27, 2023
Chemicals and Fertilisers Minister Mandaviya on Friday asked pharma-medical devices industry to focus on manufacturing quality products at affordable rates to compete globally, and announced plans to bring Product Linked Incentive (PLI) scheme for basic chemicals.
PLI plans for basic chemicals in pharma

Mansukh Addressing an international conference on pharma and medical devices sector, the minister asserted that the Modi government is "propoor, pro-farmers but also industry-friendly" and said all policies are being framed after extensive consultations with the industry and other stakeholders.

Mandaviya highlighted that India is the "pharmacy of the world" and the industry needs to focus on research and innovations, besides being aware of development across the world, to maintain its leadership position.

He said the industry should be ready to face global competition.

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