Govt allocates PLI scheme of Rs 6,940 Cr for bulk drugs & Rs 3,420 Cr for medical devices
Govt allocates PLI scheme of Rs 6,940 Cr for bulk drugs & Rs 3,420 Cr for medical devices
25 February 2021 | News Fulfilling the vision of Aatmanirbhar Bharat, the government has allocated over Rs. 10,000 crores in PLI scheme for bulk drugs and medical devices: DV Sadananda Gowda
Speaking at the inauguration ceremony of India Pharma 2021 & India Medical Devices 2021 organised by FICCI along with the Department of Pharmaceuticals, Ministry of Chemicals & Fertilisers, Government of India, and Invest India, DV Sadananda Gowda, Minister for Chemicals and Fertilisers, Government of India said, “ The Department of Pharmaceuticals launched the Production Linked Incentive Scheme for bulk drugs, with a financial outlay of Rs 6,940 crore across 53 APIs over six years. For medical devices, another PLI scheme was announced with an outlay of Rs 3,420 crore. The medical devices industry in I
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Recently,
Physics World magazine announced that Elham Fadaly ’13 and her team at the Eindhoven University of Technology in the Netherlands won the
Physics World 2020 Breakthrough of the Year.
By creating a silicon-based material that emits light efficiently at wavelengths in the range of the optical telecommunications window, the team unlocked a door of opportunities for silicon devices.
What s the Research All About?
Creating silicon-based material that could efficiently emit light for optoelectronic devices has been a “holy grail” in the field of optical electronic devices for the past five decades, if not more, Fadaly explained.
“Scientists have long been chasing the dream of having a silicon-based light source for nearly 50 years due to the important role it will play in the future with data communication via light,” she said.