New Delhi, March 4 -- India's Union Health Minister, Mansukh Mandaviya, has highlighted India's strategic efforts to fortify its supply chain resilience and reduce dependence on single-country sourcing for crucial pharmaceutical ingredients (APIs).
India's dependence on imported medical devices, currently standing at around 70 per cent, is expected to decline significantly with the inauguration of 39 Greenfield projects under the Production Linked Incentive (PLI) scheme for bulk drugs and medical devices.
The PLI scheme, aimed at bolstering domestic manufacturing, has already witnessed the inauguration of 27 Greenfield Bulk Drug Park projects and 13 Greenfield Manufacturing Plants for Medical Devices.
Mandaviya underscored the necessi...