Drawing on insights from the initial phase of the initiative, refinements have been implemented concerning eligibility criteria and the incentive claiming process for applicants. Applicants will have a period of 3 years to establish their manufacturing facilities within any of the 4 Target Segments (TS) namely medical consumables, disposables and implants (TS 1), Critical components (TS2), high-end medical devices currently in the early stages of domestic production (TS3), and high-end medical devices presently only assembled within the country (TS4). The incentive rate will taper.

5% for TS1,

TS2 & TS3 saw a 9% increase, and TS4 registered a 6% gain. Within the Consumables and Disposables segment, efforts will center on establishing manufacturing scale and world-class quality. For TS 3 & 4, emphasis will be placed on value chain integration to enhance overall competitiveness and the quality of Made in India devices. The focus on critical component manufacturing under the Scheme is intended to facilitate value chain integration and provide a stimulus to the MSME sector.