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Govt notified Scheme for “Promotion of Medical Device Parks” to support the medical devices

Govt notified Scheme for “Promotion of Medical Device Parks” to support the medical devices

The Department of Pharmaceuticals has notified the “Scheme for Promotion of Medical Device Parks” with a total financial outlay of the scheme Rs. 400 crore. the Scheme will play a role in creating proper infrastructure in the medical device industry sector, through higher levels of investments, to support the industry reach its potential.

  • The total financial outlay of the scheme is Rs. 400 crore
  • the tenure of the scheme is from FY 2020-2021 to FY 2024-2025.

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SourcePIB

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