The Production Linked Incentive (PLI) Scheme for Promoting Domestic Manufacturing of Medical Devices is steadily transforming India’s MedTech landscape, with approved projects translating into investments, employment generation and rising export potential. The government has informed Parliament that the scheme is on track and will continue until March 2027, with no…
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PRIP Scheme Amended to Boost Pharma MedTech Research
The Union Government has amended the Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) Scheme to strengthen India’s pharmaceutical and medical technology innovation ecosystem. The revised framework, notified on October 1, 2025, aims to ensure smoother implementation, improve governance clarity, and make benefit-sharing mechanisms more effective. The amendment…