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pharmaceutical industry: Govt announces revamped technology upgradation assistance scheme for pharma units

The Department of Pharmaceuticals (DoP) has announced the Revamped Pharmaceuticals Technology Upgradation Assistance (RPTUAS) scheme to enhance the technological capabilities of the pharmaceutical industry, aligning it with global standards. The scheme covers pharmaceutical units with a turnover of less than Rs 500 crore for the last three years, offering incentives of up to Rs 1 crore.

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Government announces revamped subsidy scheme to strengthen, upgrade pharma units

Under this scheme, pharma units can receive a maximum incentive of Rs 1 crore on an anticipated expense of Rs 150 crore. This will help the unit upgrade and meet the WHO GMP standards

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A focus on progress of pharmaceutical industry of India

Introduction Indian pharma industry is known as the Pharmacy of the World due to the vital role it played in delivering cost-effective and high-quality generic drugs globally, the generic drugs accounting for 71 % share,.

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The Indian pharma industry is globally competitive and forward-looking in technology, policy, and industrial strategy

The Indian pharma industry is globally competitive and forward-looking in technology, policy, and industrial strategy
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Department Of Pharmaceuticals To Provide Financial Aid For Msmes

Department Of Pharmaceuticals To Provide Financial Aid For Msmes
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