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Aarti Speciality Chemicals Limited receives an approval accorded under PLI Scheme for Pharmaceutical Sector Posted On: 2021-03-06 04:25:29 (Time Zone: Arizona, USA) Aarti Speciality Chemicals Limited (ASCL), a wholly-owned subsidiary of Aarti Drugs Limited (Aarti Drugs), stands out to be one of the beneficiaries of the Government of India s recently approved Production Linked Incentive (PLI) for the Pharmaceutical Sector. Government of India s Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers recently launched a Production Linked Incentive (PLI) Scheme to promote domestic manufacturing by incentivising pharmaceutical manufacturers to set-up greenfield projects in India with a minimum domestic value addition in four different target segments (Two in Fermentation based - at least 90% and Two in the Chemical Synthesis based - at least 70%) with a total outlay of Rs. 6,940 crores. The objective of the scheme is achieving self-reliance and reducing im

United statesAdhish patilAtmanirbhar bharatGovernment of india department pharmaceuticalsAarti drugs limitedAarti speciality chemicalsAarti speciality chemicals limitedMinistry of chemicalsAarti drugsSpeciality chemicals limitedTime zoneProduction linked incentiveChemical synthesisKey starting materialsDrug intermediatesActive pharmaceutical ingredients