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Govt invites proposals under PRIP scheme for industry, startup projects

Millennium Post Delhi

New Delhi 03October2025

The government has invited applications for research and innovation projects under its Promotion of Research and Innovation in Pharma-MedTech Sector scheme to make it a globally competitive and innovation-driven sector, according to an official statement

With an approved outlay of Rs 5,000 crore, the scheme is expected to catalyse a Pharma-MedTech innovation pipeline by supporting around 300 projects, involving total R&D investment of about Rs 11,000 crore in new medicines, complex generics, biosimilars and novel medical devices, the Ministry of Chemicals and Fertilisers said in the statement.

While inviting applications, the Department of Pharmaceuticals has notified amend-

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