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Foreign Investment in pharma sector |
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3-8-2016 | |||
During the Financial Year 2015-16, Foreign Direct Investment (FDI) amounting to US$ 0.754 billion has been received in Drugs & Pharmaceutical Sector through equity inflow. According to World Trade Organization (WTO)’s database for the year 2014, India’s export is higher than China in the sectors of `Fuels’ and `Fuels & Mining Products’. A total of US$ 138.01 billion of Foreign Investment (FDI + investment by Foreign Institutional Investors) has been made in the country during the last two years i.e. F.Y. 2014-15 & 2015-16. This information was given by the Commerce and Industry Minister Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today. |
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