https://www.taxtmi.com/news?id=1289 The Government stated there is no present move to restrict foreign direct investment in the pharmaceuticals sector and confirmed that current policy permits FDI to be admitted via the automatic approval route. A Departmental discussion paper has listed a possible FDI cap as an option, and stakeholder responses have suggested imposing a cap and moving the sector to a government-route approval mechanism. en-us Mon, 15 Nov 2010 23:30:26 +0530 Mon, 15 Nov 2010 23:30:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1289 The Government stated there is no present move to restrict foreign direct investment in the pharmaceuticals sector and confirmed that current policy permits FDI to be admitted via the automatic approval route. A Departmental discussion paper has listed a possible FDI cap as an option, and stakeholder responses have suggested imposing a cap and moving the sector to a government-route approval mechanism. News - Mon, 15 Nov 2010 23:30:26 +0530 https://www.taxtmi.com/news?id=1289