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TMI BlogFDI Policy in Pharmaceutical SectorX X X X Extracts X X X X X X X X Extracts X X X X ..... FDI Policy in Pharmaceutical Sector X X X X Extracts X X X X X X X X Extracts X X X X ..... he 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 greenfiel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d 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 do ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mestic 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 additi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on, 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 devi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces, 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 f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or 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 Lo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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