India, March 2 -- Dr Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield manufacturing plants for medical devices.

The PLI scheme for bulk drugs will lead to reduced import dependence and better supply chain resilience. Investment worth Rs 3,651 crore has already been grounded, till December 2023, by the scheme participants.PLI scheme envisages manufacturing of 41 Bulk Drugs with a total outlay of Rs 6,940 crore during the tenure of the scheme from 2020-21 to 2029-30.

The inauguration of 13 Greenfield plants of companies such asSahajanand Medical Technologies,Poly Medicure, Trivitron Healthcare, Wipro GE HealtCare, Siemens...