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Global Trade Alert

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India: Production linked incentive scheme for pharmaceuticals notified

Description

On 24 February 2021, the Indian Union Cabinet of Ministers approved the Production Linked Incentive (PLI) scheme for Pharmaceuticals. The scheme has a total incentive budget of INR 15,000* (~ USD 2.07...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Feb 2021

Revocation date

31 Mar 2028

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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