Centre Extends PLI Scheme for Medical Devices Until 2035-36 With Eased Eligibility

The Centre has officially extended the Production Linked Incentive (PLI) scheme for medical devices until 2035-36, inviting fresh applications to boost domestic manufacturing. This initiative, originally launched in 2020-21, aims to strengthen the production of <b>high-end medical devices</b> and components across India. With an outlay of approximately ₹2,700 crore, the scheme has already facilitated the production of over 60 devices, including MRI machines and CT scanners, valued at over ₹16,000 crore. The government has now <b>eased eligibility conditions</b> by removing minimum sales thresholds and reducing investment requirements to attract more investors. Applicants can now submit multiple applications across four target segments, with a three-year window provided to establish manufacturing facilities.