News | April 01, 2022
Wipro GE Healthcare launches facility under govt’s PLI scheme
It is one of the 15 medical device manufacturers approved under the government’s PLI scheme
It is one of the 15 medical device manufacturers approved under the government’s PLI scheme
A total of 49 projects have been approved so far for 33 critical APIs with a committed investment of Rs 3,685 crore
A total of 21 applicants have been approved for 49 products, with the potential to utilize an incentive amount of Rs. 2541 crore
The group had witnessed healthy revenue growth as revenue stood at Rs 251.14 crore in FY21.
Biocon has reported consolidated financial results for the period ended December 31, 2021
Approvals accorded under Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical Key Starting Materials (KSMs)/ drug intermediates and Active Pharmaceutical Ingredients (APIs
The setting up of these 8 plants will lead to a total committed investment of Rs. 260.40 crore
FDI increased 98% year on year in 2020 and pharma exports grew by 18% in the last financial year
A long waiting period for critical equipment and a 50% hike in the cost of APIs imported from China are among the immediate challenges
The scheme incentivizes the manufacturing of patented drugs and other high value drugs at an incentive rate of 10% of incremental sales
Subscribe To Our Newsletter & Stay Updated
