https://www.taxtmi.com/notifications?id=117291 Amendments distinguish greenfield and brownfield pharmaceutical FDI: greenfield manufacturing permitted full FDI under the automatic route; brownfield requires government approval and may attract conditions at approval. Non-compete clauses are disallowed except with FIPB approval and applicants must provide a certificate with FIPB application. Medical devices manufacturing is exempt from brownfield conditions and allowed full automatic route FDI, with a detailed definition of medical device subject to amendment under the Drugs and Cosmetics Act. en-us Fri, 09 Jan 2015 00:00:00 +0530 Tue, 03 Feb 2015 10:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117291 Amendments distinguish greenfield and brownfield pharmaceutical FDI: greenfield manufacturing permitted full FDI under the automatic route; brownfield requires government approval and may attract conditions at approval. Non-compete clauses are disallowed except with FIPB approval and applicants must provide a certificate with FIPB application. Medical devices manufacturing is exempt from brownfield conditions and allowed full automatic route FDI, with a detailed definition of medical device subject to amendment under the Drugs and Cosmetics Act. Notifications FEMA Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117291