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    <title>GROWTH OF PHARMACEUTICAL INDUSTRY IN INDIA</title>
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    <description>The document emphasises a liberalised FDI regime allowing full foreign equity in pharmaceutical manufacturing (Greenfield and Brownfield subject to Brownfield conditions), accompanied by certification requirements disallowing non compete clauses in inter se agreements; it highlights government incentives (tax breaks, weighted R&amp;D deductions, venture funds, biotech parks), regulatory oversight by central drug authorities and the NPPA for pricing control, and the shift to product patents post 2005, all of which shape investment, R&amp;D strategy and compliance obligations in the industry.</description>
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