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of <h1>India Updates Pharma FDI Rules: 100% FDI for Greenfield, Brownfield Needs Approval; Medical Devices Get Automatic Route.</h1> The Government of India has revised its Foreign Direct Investment (FDI) policy in the pharmaceutical sector, maintaining 100% FDI for greenfield projects through the automatic route and 100% FDI for brownfield projects with government approval. A 'non-compete' clause is generally prohibited unless approved under special circumstances. New guidelines exempt medical device manufacturing from these conditions, allowing 100% FDI via the automatic route. Medical devices are defined broadly to include instruments and systems used for medical purposes, subject to future amendments under the Drugs and Cosmetics Act. These changes are effective from January 21, 2015.
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