Wednesday 27 July 2016

Pharma sector receives Rs 4,975-crore FDI in FY16: Government

The drugs and pharmaceuticals sector has received foreign direct investment (FDI) of Rs 4,975 crore in 2015-16, parliament was informed today.

"In the year 2014-15, FDI equity inflow of Rs 9,052 crore and in the year 2015-16, inflow of Rs 4,975 crore have been received in the drugs and pharmaceutical sector," Minister of State for Chemicals and Fertilizers Mansukh L Mandaviya said in a reply to Lok Sabha.

FDI policy provides for 100 per cent FDI under automatic route in .. 

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