Government working on a scheme to strengthen Indian Medical Device sector: Pharma Secretary

Dr Arunish Chawla, Secretary, Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Govt of India said that the PLI schemes for medical devices sector have succeeded, and the government is now looking at the post PLI framework. The government approved the Medical Devices policy a few months ago, and this new scheme is being designed to support the industry and reduce our import dependence going forward beyond the PLI, he added. The proposed scheme, he stated will be based on 5 key components including Common Facilities for medical devices clusters; Capacity building and Skill Development; Marginal Investment Scheme for reducing import dependence; focus on clinical trial support and medical device promotion scheme. He stated we need to bring the policy stack together in a manner that enables India to achieve the vision of Viksit Bharat by 2047. Dr Chawla further urged the industry to invest more in clinical trials. Highlighting the importance of skilled manpower ...