Global Trade Alert
Global Trade Alert

India: Production linked incentive scheme for pharmaceuticals notified

Announcement

24 Feb 2021

India has notified the scheme to provide a production incentive on pharmaceutical goods.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Feb 2021

Revocation date:

31 Mar 2028

Announced: 24 Feb 2021
Production subsidy In force
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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