Medical devices PLI scheme drives local output of MRI, CT scanners, heart valves: Centre
The Indian government reported that its Product Linked Incentive (PLI) scheme has spurred local production of high-end medical devices, including MRI machines and heart valves. The scheme, launched in 2020 with a ₹3,420 crore budget, has led to the production of 57 previously imported devices and attracted global manufacturers. The initiative aims to enhance India's medical technology capabilities over the next five years.