February 25, 2022 8:46 PM

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Union Minister Mansukh Mandaviya interacts with company representatives of Bulk Drugs PLI scheme beneficiaries

<span style="color: #222222;">Union Minister for Chemical and Fertilizers Dr. Mansukh Mandaviya interacted with the company representatives of Bulk Drugs PLI scheme beneficiaries virtually on Friday. He said that government had announced the PLI Scheme for Bulk Drugs in March 2020 to attain self-reliance in the sector of identified critical drugs. He added, total 49 projects have been approved for 33 critical APIs with a committed investment of three thousand six hundred 85 crore rupees.<br />'' <br />''Dr. Mandaviya complimented the industry representatives for their achievement towards attaining the vision of Prime Minister for self-reliant in critical drugs leading to Atamanirbhar Bharat. He emphasized that pharmaceutical sector in India, besides being a business venture is also a sector of social and strategic importance. He encouraged the industry to invest in the area of research and innovation for sustainable global competitiveness by allocating adequate resources.</span><br />

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