December 18, 2025 11:39 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Indian Visa Application Centre in Dhaka shuts down early amid rising security concerns | Market update: Sensex tumbles 120 points, Nifty below 25,850 at closing bell | ‘Won’t apologise’: Prithviraj Chavan stands firm on controversial Operation Sindoor remark despite backlash | India summons Bangladesh High Commissioner after provocative 'seven sisters' remark | Amazon eyes $10 billion investment in OpenAI — a gamechanger for AI industry! | Goa nightclub fire horror: Luthra brothers brought back to India from Thailand, arrested | Messi chaos costs minister his job: Aroop Biswas resigns after Salt Lake Stadium fiasco | Bengal SIR draft list out: Around 58 lakh voters’ names dropped | Relief for Sonia, Rahul Gandhi as Delhi court refuses to act on ED chargesheet in National Herald case | Centre moves to replace MGNREGA with 'G Ram G', sets stage for winter session showdown
PLI Scheme
Photo: Pixabay

PLI scheme helps cut pharma raw material imports by ₹1,362 cr: Govt to Rajya Sabha

| @indiablooms | Jul 23, 2025, at 12:41 am

New Delhi: Imports of pharmaceutical raw materials worth ₹1,362 crore were avoided by March 2025 due to domestic production of 25 identified items under the production-linked incentive (PLI) scheme for bulk drugs, the government informed Parliament on Tuesday.

In a written reply to the Rajya Sabha, Minister of State for Chemicals and Fertilisers Anupriya Patel said that as of March 2025, investments under the scheme had already exceeded the initial commitment.

“Against a committed investment of ₹3,938.5 crore over six years, an investment of ₹4,570 crore has already been made,” she stated.

Patel added that the scheme has so far led to cumulative sales of ₹1,817 crore, including exports worth ₹455 crore.

This has helped establish domestic manufacturing capacity for 25 key starting materials (KSMs), drug intermediates (DIs), and active pharmaceutical ingredients (APIs), thereby significantly reducing import dependency.

The PLI scheme for bulk drugs has a total budgetary outlay of ₹6,940 crore. It is designed to minimise the risk of supply disruptions for critical APIs by reducing reliance on a single source.

Before the scheme’s rollout, most of the products now covered under it were primarily imported, the minister said.

She also mentioned that the government is implementing a broader PLI Scheme for Pharmaceuticals with an outlay of ₹15,000 crore.

In addition, under the Scheme for Promotion of Bulk Drug Parks, which has a total allocation of ₹3,000 crore, three parks have been approved in Andhra Pradesh, Gujarat, and Himachal Pradesh.

These facilities are currently at different stages of development, Patel said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm