TaxTMI 
TaxTMI 
FDI Policy in Pharmaceutical Sector
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....DI Policy in Pharmaceutical Sector <br>News and Press Release<br>Dated:- 13-3-2015<br><BR>As per extant FDI policy, FDI, upto 100%, is permitted, under the automatic route for greenfield, and under th....
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....e government approval route for brownfield pharmaceuticals sector. Further, FDI, upto 100%, under the automatic route, is permitted for manufacturing of medical devices/ equipments both for greenfield....
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.... and brownfield investments. There is, at present, no proposal under consideration of the Government to review the extant FDI policy in the medical devices/ equipments. In order to protect the dom....
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....estic pharmaceuticals sector, FDI policy provides that 'Non-compete' clause would not be allowed except in special circumstances with the approval of the Foreign Investment Promotion Board. In additio....
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....n, Government may incorporate appropriate conditions for FDI in brownfield cases, at the time of granting approval. Further, with a view to incentivize investment in the manufacturing of medical devic....
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....es, the sector has been placed under the automatic route. As per extant FDI policy, FDI, upto 100%, is permitted, under the automatic route for greenfield, and under the government approval route fo....
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....r brownfield pharmaceuticals sector. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok....
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.... Sabha today.<BR> News - Press release - PIB....