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The Role and Impact of FDI in Indian Pharmaceutical Sector

The Role and Impact of FDI in Indian Pharmaceutical Sector

All these years, India has been the hub for manufacturing and supplying affordable generic medicines all over the world. FDI in Pharmaceutical Sector of India is permitted 100% under the automatic route regarding greenfield investments in order to attract investment to set up new manufacturing units, research and development, along with technology acquisition. Regarding brownfield investment, any amount of FDI requires prior approval of the government.  A 20% share in global supply by volume and 62% of supplies of global…

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