Marginal Investment Scheme for Reducing Import Dependence in Medical Devices (MIS-RID)
Closed Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers All of India
10% to 20% of project cost, up to ₹10 crore, paid after commissioning
- One time capital subsidy to make imported medical device parts and devices in India
- Indian company making medical device components, raw materials or devices now imported
- Can finish the project by 31 Mar 2027
- Closed
- Apply on the SMDI medical device schemes portal when the department opens a call
- Early revenue, Growth stage
- Government of India
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