Seven Centres of Excellence Set Up Under PRIP Scheme
ECONOMY & POLICY

Seven Centres of Excellence Set Up Under PRIP Scheme

The Department of Pharmaceuticals has established seven Centres of Excellence (CoEs), one at each of the seven National Institutes of Pharmaceutical Education and Research (NIPERs), under Component A of the Promotion of Research and Innovation in MedTech Sector (PRIP) scheme. A total amount of Rs 1,834.6 million (mn) has been released for setting up these centres up to 31 January 2026. The centres are intended to strengthen institutional capacity and support translational research in the MedTech sector. They will facilitate partnerships and resource sharing among NIPERs and industry partners to advance applied research.

A total of 710 research projects were received from industry, start-ups and MSMEs by the closing date of 19 November 2025, including projects in priority areas that are eligible for higher financial support under the PRIP scheme. Approval for financial assistance under the scheme, including full funding assistance and higher funding assistance to eligible projects, is provided after a multi-stage appraisal process as prescribed under the scheme guidelines.

The information was supplied by the Union Minister of State for Chemicals and Fertilizers, Anupriya Patel, in a written reply to the Rajya Sabha. The initiative is designed to promote collaboration between academic institutions and the private sector, facilitate technology transfer and nurture start-ups that can translate research into marketable medical devices and solutions. The ministerial reply set out the number of projects received and the financial assistance framework under the scheme.

The scheme is intended to ensure that priority projects receive necessary support through prescribed appraisal and funding mechanisms and to strengthen the pipeline from laboratory research to clinical and commercial application. Officials expect the Centres of Excellence to offer specialised facilities, training and industry engagement that should accelerate the development and deployment of MedTech innovations across the country. The department will continue to monitor progress and disbursement of funds as projects proceed through appraisal stages.

The Department of Pharmaceuticals has established seven Centres of Excellence (CoEs), one at each of the seven National Institutes of Pharmaceutical Education and Research (NIPERs), under Component A of the Promotion of Research and Innovation in MedTech Sector (PRIP) scheme. A total amount of Rs 1,834.6 million (mn) has been released for setting up these centres up to 31 January 2026. The centres are intended to strengthen institutional capacity and support translational research in the MedTech sector. They will facilitate partnerships and resource sharing among NIPERs and industry partners to advance applied research. A total of 710 research projects were received from industry, start-ups and MSMEs by the closing date of 19 November 2025, including projects in priority areas that are eligible for higher financial support under the PRIP scheme. Approval for financial assistance under the scheme, including full funding assistance and higher funding assistance to eligible projects, is provided after a multi-stage appraisal process as prescribed under the scheme guidelines. The information was supplied by the Union Minister of State for Chemicals and Fertilizers, Anupriya Patel, in a written reply to the Rajya Sabha. The initiative is designed to promote collaboration between academic institutions and the private sector, facilitate technology transfer and nurture start-ups that can translate research into marketable medical devices and solutions. The ministerial reply set out the number of projects received and the financial assistance framework under the scheme. The scheme is intended to ensure that priority projects receive necessary support through prescribed appraisal and funding mechanisms and to strengthen the pipeline from laboratory research to clinical and commercial application. Officials expect the Centres of Excellence to offer specialised facilities, training and industry engagement that should accelerate the development and deployment of MedTech innovations across the country. The department will continue to monitor progress and disbursement of funds as projects proceed through appraisal stages.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement