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FOCUS POINT
INVESTMENTS
AND RECENT
DEVELOPMENTS IN
THE INDIAN
PHARMACEUTICALS
SECTOR
he Union Cabinet has given its nod for the amend-
ment of existing Foreign Direct Investment (FDI)
policy in the pharmaceutical sector in order to
allow FDI up to 100% under the automatic route
for manufacturing of medical devices subject to
Tcertain conditions. The Indian drugs and phar-
maceuticals sector received cumulative FDIs worth US$ 17.99
billion between April 2000 and March 2021.
|24 thecorporatereview.com | India | Vol. 3 | Issue 3 | March 2022 |25
