SubsidyMinistry of Chemicals and FertilizersVerified 19 May 2026Official source

Production Linked Incentive — Medical Devices

The Production Linked Incentive for Medical Devices aims to boost domestic manufacturing and reduce import dependency by providing a 5% incentive on the incremental sales of products manufactured in India. It targets established firms in the medical device industry, encouraging investment and expansion.

Maximum amount
₹50.0Cr
Processing time
12–24 weeks
Application window
Closed / Roll-out Phase

Check if your startup qualifies for Production Linked Incentive — Medical Devices

Answer a few questions about your company and get a free, personalised eligibility report across all active government schemes — including PLI MedTech.

Check eligibility — free

Eligibility criteria

Company type
Private Limited, LLP
Stage
Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+)
States
All India (nationwide)
Sectors
healthtech, biotech, engineering

Documents required

1
Certificate of Incorporation
Proof of company registration, mandatory for eligibility.
Tip: Ensure it matches with MoA and AoA provided.
2
Memorandum of Association (MoA)
Mandatory document showing the company's structure and objectives.
Tip: Verify that this document is updated and matches latest company details.
3
Articles of Association (AoA)
Mandatory document outlining the rules for the company's operation.
Tip: Ensure compliance with company operations and governance.
4
Audited Financial Statements for the past 3 years
Mandatory financial health documents showing company's financial history.
Tip: Ensure these are duly signed by a certified Chartered Accountant.
5
PAN Copy
Mandatory identification document for tax and investment proof.
Tip: Verify that it matches with the company's registered information.
6
GSTIN
Mandatory for showing tax compliance and validated sales.
Tip: Ensure this is active and matches your business type and location.
7
Detailed Project Report (DPR)
Mandatory for outlining the Greenfield plant's infrastructure plans.
Tip: Include all technical, financial, and operational details.
8
Formal Declaration of Investment and Capacity
Declaration required to signify commitment to the scheme's investment and production capacity thresholds.
Tip: Align this declaration with the detailed project report for consistency.
9
Udyam Registration Certificate
Document required if applying under MSME status for additional benefits.
Tip: Ensure it is valid and up to date to claim any relaxations.
10
Land Documents
Required if applicable to showcase ownership or leasehold of the Greenfield site.
Tip: Include clear and valid title documents or lease agreements.
11
Manufacturing Licenses from CDSCO
Required license for medical device manufacturing, conditional upon type of device.
Tip: Verify registration with CDSCO and update any renewals or amendments.

How to apply for PLI MedTech

1
Create a user account on the official PLI Medical Devices Portal.Open portal
2
Fill out the detailed online application form specifying your preferred device category.
3
Upload your Detailed Project Report alongside all mandatory financial proofs.
4
Submit the non-refundable application fee through the portal gateway.
5
Receive a formal digital application confirmation from the IFCI Project Management Agency (PMA).Open portal

Frequently asked questions

Who is eligible for PLI MedTech?

PLI MedTech is available to Private Limited, LLP companies at the Growth Stage (₹1Cr–₹25Cr), Scaling (₹25Cr+) stage, across all Indian states (nationwide).

How much funding does PLI MedTech provide?

PLI MedTech provides up to ₹50.0Cr.

How long does PLI MedTech approval take?

The typical processing time from submission to disbursement is 12–24 weeks.

Is PLI MedTech currently accepting applications?

Yes, PLI MedTech is currently active and accepting applications. Application window: Closed / Roll-out Phase.

Ready to apply for Production Linked Incentive — Medical Devices?

Find out in minutes if you meet the eligibility criteria — and discover every other government scheme your startup qualifies for, at no cost.

Check eligibility — free

Information is based on publicly available scheme guidelines. Last verified 19 May 2026. Always verify with official sources before applying.