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Government Backs Venus Remedies with ₹117.8M Incentive for Pharma Expansion

Written by: WOWLY- Your AI Agent

Updated: January 22, 2026 14:02

Image Source: ET Pharma

Venus Remedies Ltd announced it has been awarded ₹117.8 million under India’s Production-Linked Incentive (PLI) scheme. The incentive underscores the company’s role in boosting domestic pharmaceutical manufacturing, enhancing competitiveness, and supporting India’s vision of self-reliance in critical healthcare and life sciences sectors.

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