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Business
Government Extends Medical Devices PLI Scheme to FY 2035-36, Calls for New Applications
✍️ UdaipurTimes.com
🗓 12 Nov 2026, 12:37 AM
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The Union government has prolonged the Production Linked Incentive (PLI) programme for medical devices until the 2035‑36 fiscal year and opened the floor for fresh applications from manufacturers.
New Delhi – The central government announced that the Production Linked Incentive (PLI) scheme for medical devices will now run until the 2035‑36 financial year. The extension means that manufacturers seeking to boost domestic output can continue to receive incentive support under the programme.
The ministry has also invited fresh applications, signalling that companies that have not yet participated can now submit proposals to qualify for the incentive. Interested firms are expected to follow the standard submission process outlined in the scheme’s guidelines.
Officials said the move aims to deepen India’s self‑reliance in critical healthcare equipment and reduce dependence on imports, while creating additional jobs in the sector.
The ministry has also invited fresh applications, signalling that companies that have not yet participated can now submit proposals to qualify for the incentive. Interested firms are expected to follow the standard submission process outlined in the scheme’s guidelines.
Officials said the move aims to deepen India’s self‑reliance in critical healthcare equipment and reduce dependence on imports, while creating additional jobs in the sector.