Innovation in Pharma & MedTech
Scheme for Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) Objectives of the Scheme :- Transform Indian Pharma MedTech sector. Move from cost based to innovation-based growth. Strengthen the research infrastructure in the country. Promote industry-academia linkage for R&D in priority areas. Inculcate the culture of quality research and nurture our pool of […]
Green Hydrogen Electrolysers Incentives
Incentives for Green Hydrogen Electrolysers The Govt. of India on 28th June 2023 – Ministry of New and Renewable Energy (MNRE – Hydrogen Division) announced scheme guidelines under National Green Hydrogen Mission for “Incentives for Electrolyser Manufacturing”. The scheme is covered under “Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme – Component I with […]
SPECS scheme extended by 1 year by MeiTY
MeiTY has recently extended the period for filing new application under Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors by another 1 year. This mean that the companies can now apply for a electronic manufacturing project till 31st March 2024 and the projects will be allowed to be completed by 31st March 2029 […]
Production Linked Incentive (PLI) – Food Processing
PLI Scheme – Overview Government of India (GOI) has approved a new Central Sector Scheme – “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)” for implementation during 2021-22 to 2026-27 with an outlay of Rs. 10,900 crore. The objective of the scheme is to support the creation of global food manufacturing champions; promote Indian […]
Production Linked Incentive – an engine to fuel Industrial Revolution 4.0 in India
The government of India has announced in 2019 that it will come with the production linked incentive scheme for manufacturing sector to make India a global hub for manufacturing. Although, the idea of the government was hit by COVID-19 pandemic last year however, the government is now ready to introduce it now. With PLI scheme […]