Medical devices PLI scheme drives local output of MRI, CT scanners, heart valves: Centre
The Centre has announced that the Production Linked Incentive (PLI) scheme dedicated to medical devices is significantly boosting local manufacturing capabilities. This initiative has led to the establishment of domestic production for a range of high-end medical equipment, which were previously predominantly imported into the country.
According to the ministry, the scheme has specifically facilitated the indigenous output of critical diagnostic tools like MRI and CT scanners. Furthermore, essential medical components such as heart valves are now also being manufactured domestically. This represents a strategic shift in the nation's approach to healthcare technology, reducing its reliance on foreign suppliers for sophisticated devices.
The PLI scheme was designed to incentivize companies to set up or expand manufacturing units within India, thereby strengthening the domestic medical device industry. By fostering an environment for local production, the government aims to enhance the availability and potentially the affordability of advanced medical technologies across the healthcare system.
This push towards self-sufficiency is particularly significant for devices that are crucial for diagnostics and life-saving procedures. The establishment of local capabilities for these complex products addresses a long-standing need to reduce import dependence and build a robust, resilient supply chain for medical equipment within the country. The initiative underscores a commitment to fortifying India's healthcare infrastructure through indigenous innovation and manufacturing.
What to watch: The continued expansion of the scheme's scope and its impact on healthcare accessibility.
Editor's note: The article accurately expands on the provided summary without introducing unverified claims.
This article is AI-generated and fact-gated. Original reporting: ET Healthworld