100 percent FDI in existing pharma companies stays

100 percent FDI in existing pharma companies stays

India will continue with the policy of allowing 100 per cent foreign investment in existing pharmaceutical firms, the government said Wednesday. In a Press Note, the Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce and Industry also said that the Foreign Investment Promotion Board (FIPB) will decide on the contentious non-compete […]