48 PROJECTS HAVE BEEN APPROVED UNDER THE PRODUCTION LINKED INCENTIVE SCHEME FOR PROMOTION OF DOMESTIC MANUFACTURING OF CRITICAL KEY STARTING MATERIALS (KSMS) / DRUG INTERMEDIATES (DIS) AND ACTIVE PHARMACEUTICAL INGREDIENTS (APIS) IN INDIA

India, July 22 -- The Government of India issued the following news release:

Under the Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical Key Starting Materials (KSMs) / Drug Intermediates (DIs) and Active Pharmaceutical Ingredients (APIs) in India, 48 projects have been approved. Details in respect of applicants/beneficiaries under the scheme are at Annexure.

The scheme aims to avoid disruption in supply of critical active pharmaceutical ingredients (APIs) used to make critical drugs for which there are no alternatives by reducing supply disruption risk due to excessive dependence on single source. Products notified and approved under the scheme prior to commencement of production under the PLI s...