PLI scheme for bulk drugs led to import savings of Rs 1,362 cr: Govt
In a written reply to Rajya Sabha, Minister of State for Chemicals and Fertilisers, Anupriya Patel said that as of March 2025, against an investment commitment of Rs 3,938.5 crore over the period of six years, investment of Rs 4,570 crore has already been made under the PLI Scheme for Bulk Drugs.
'As a result of the scheme, cumulative sales of Rs 1,817 crore have been reported over the period from the beginning of the scheme till March 2025, including exports of Rs 455 crore, thereby avoiding imports worth Rs 1,362 crore and creation of domestic manufacturing capacity for 25 identified KSMs/DIs/APIs," she stated.
The PLI Scheme for Bulk Drugs has a total budgetary outlay of Rs 6,940 crore and aims to avoid disruption in supply of critical active pharmaceutical ingredients (APIs) used to make critical drugs for which there are no alternatives by reducing supply disruption risk due to excessive dependence on a single source, the minister said.
Products notified and approved under the scheme prior to commencement of production under the PLI scheme were primarily imported.
The government has also initiated a PLI Scheme for Pharmaceuticals with a total budgetary outlay of Rs 15,000 crore.
Under the scheme for promotion of bulk drugs parks, which has a total budgetary outlay of Rs 3,000 crore, three parks have been approved and are at various stages of development in Andhra Pradesh, Gujarat and Himachal Pradesh, Patel said. PTI MSS MSS SHW
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July 22, 2025, 17:15 IST
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