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How to Apply for PLI Scheme for Medical Devices — 5% Incentive on Domestic Sales
How to apply
PLI Scheme for Medical Devices — 5% Incentive on Domestic Sales accepts applications online through the official portal on a rolling basis. Follow the steps below — and always confirm the latest details on the official source before you apply.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Every application passes through a structured review before any incentive is paid.
- Appraisal by the PMA: the Industrial Finance Corporation of India (IFCI), acting as Project Management Agency, examines each submission in detail — the proposed greenfield project, its financial viability, the commitment to the threshold investment and the projected incremental sales.
- Empowered Committee review: applications cleared by the PMA are placed before an Empowered Committee for final consideration and approval, weighing how well each project aligns with the scheme's objectives and its likely impact on domestic medical device manufacturing.
- Claim submission: once approved, participants file periodic claims based on their incremental sales and verified investments.
- Disbursement: the PMA verifies the claims and incentives are then released.
All applications must be submitted online within the 120-day application window.
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