Govt issues scheme guidelines to boost drug manufacturing, medical devices

The objective is to make India self reliant in production of 53 critical Active Pharmaceutical Ingredients, and in production of medical devices, for which India is crucially dependent on imports

The government on Monday released guidelines of four schemes for the development of bulk drug and medical device parks in the country to promote their domestic manufacturing.

"In line with the vision of Prime Minister Shri Narendra Modi, the schemes have been conceptualised for making India 'Atmanirbhar' in the pharma sector," Union Minister of Chemicals and Fertilisers D V Sadananda Gowda said.

The objective is to make India self reliant in production of 53 critical Active Pharmaceutical Ingredients (APIs) or Key Starting Materials (KSMs), and in production of medical devices, for which India is crucially dependent on imports, he said