PLI Scheme Will Help Make India Aatmanirbhar in API

According to the research agency ICRA, the Central Government Production Linked Incentive Scheme for major raw materials for Drugs & other Formulations with a stimulus of Rs210 million will be instrumental in Making the Country Aatmanirbhar. According to press notes, the PLI scheme will lead to the declination of import dependence and it will increase the domestic production of High-value products. Some pharmaceutical products also need R & D investment proper research & patents.