India At The  Cusp of Economic Transformation, 27 Bulk Drug Park Projects, 13 Medical Device Factories Inaugurated 

NEW DELHI: Union Health Minister Mansukh Mandaviya on Saturday virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield manufacturing plants for medical devices under the production linked incentive (PLI) scheme. 

Addressing the inauguration event, Union Minister, Dr Mandaviya said, “Medicines are an essential requirement for any society. During the COVID-19 pandemic, the dangers of supply chain getting affected, the risks of being highly dependent on imports of critical resources like bulk drugs and medical devices and its potential effects on India’s pharma and MedTech sector led to a lot of brainstorming within the Union Government. The Production Linked Incentive (PLI) scheme is a result of these wide-ranging discussions”

Expressing his elation at the inauguration of these greenfield projects under the PLI scheme, the Union Minister said, “it is noteworthy that today India has not only reduced its dependence on medicines, API and medical devices, the country is also emerging as a major exporter of these products, thanks to the success of the PLI scheme.”

Union Minister of Chemicals & Fertilizers and Health & Family Welfare, Dr. @mansukhmandviya briefed media soon after inaugurating the 13 Greenfield manufacturing plants today under the Production Linked Incentive (PLI) scheme for promoting domestic manufacturing of medical… https://t.co/DAkoW1bDgO pic.twitter.com/WKg3uMGS61

— Dr. Shahid Siddiqui (@shahidsiddiqui) March 2, 2024

Dr Mandaviya said that “the PLI-I scheme of the Union Government identified 48 critical bulk drugs for manufacturing locally. The success of this inaugural scheme led the government to launch the Rs. 15,000 crore PLI-II scheme which envisaged to increase our cost competitiveness for medicines and medical products in the international market”.

Highlighting the Union Government’s efforts towards making India atmanirbhar in the field of critical medicines and active pharmaceutical ingredients (API), the Union Minister stated the example of Penicillin G, a widely used drug which were locally manufactured in India until the late 1980s. Due to globalisation, the import of Penicillin G led to the closure of all such plants in India. He highlighted that the Union Government is working on bringing back production of Penicillin G in India after three decades.

In his concluding remark, he also said that the government is pro-poor, pro-farmer but Industry-friendly. He further stated that industrial development is a must if any country wants to cater to the needs of its people, generate employment and establish itself in International market. He said that an ecosystem has to be created for industrial development to happen. Dr Mandaviya said that this is the quality of this government that it does not think in ‘token’ but in ‘Total’.

–Dr. M Shahid Siddiqui (PhD), Follow via X (Twitter) @shahidsiddiqui

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