PLI Scheme for Promotion of Domestic Manufacturing of critical Key
Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical
Ingredients (APIs) Approved
[ABS News Service/02.06.2021]
The Department of Pharmaceuticals, with an objective to attain
self-reliance and reduce import dependence in critical Bulk Drugs - Key
Starting Materials (KSMs)/ Drug Intermediates and Active Pharmaceutical Ingredients
(APIs), had launched a Production Linked Incentive (PLI) Scheme for promotion
of their domestic manufacturing by setting up greenfield plants with minimum
domestic value addition in four different Target Segments (In Two Fermentation
based - at least 90% and in Two Chemical Synthesis based – at least 70% ) with
a total outlay of Rs.6,940 cr. for the period 2020-21 to 2029-30.
All the 215 applications received for the 36 products spread
across the 4 Target Segments were considered and appraised as per the decided
evaluation and selection criteria by the Empowered Committee in its various
meetings and selected participants duly informed and Press Notes issued with
approval of the Competent Authority.
Now, waitlisted applicants who are otherwise eligible have been
approved against slots vacated by withdrawal by companies, which had earlier
been granted approvals. The applications of the companies kept in ‘Wait List’,
which have committed minimum/more than the minimum proposed annual production
capacities and fulfil the prescribed criteria have been approved, as under:
|
Sl. No. |
Eligible Product |
Name
of Participant Company which has withdrawn |
Name
of Participant kept in Waitlist approved |
|
Target Segment III
– Chemical Synthesis Based KSMs/Drug Intermediates |
|||
|
1. |
1,1
Cyclohexane Diacetic Acid (CDA) |
M/s Saraca Laboratories Limited |
M/s
Solara Active Pharma Science Limited |
|
Target Segment IV –
Other Chemical Synthesis Based KSMs/Drug Intermediates and APIs |
|||
|
2. |
Meropenem |
M/s Anasia Lab Private Limited |
M/s
Rajasthan Antibiotics Limited |
|
3. |
Ritonavir |
M/s
Surya Remedies Pvt. Ltd. |
M/s
Dhatri Lab Private Limited |
|
4. |
Levofloxacin |
M/s Surya Life Science Limited |
M/s Vital Laboratories Private Limited |
With this, a total of 46 applications with Committed Investment of
Rs.5,355.44 crore and Expected
Employment Generation of about 11,210have been approved by the
Government so far under the PLI Scheme for Bulk Drugs. Setting up of these
plants will make the country self-reliant to a large extent in respect of these
Bulk drugs. The disbursal of production linked incentive by the Government over
the six years period would be up to a maximum of about Rs.6,000
cr.