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Home News News and Press Release Month 11 2012 2012 (11) This

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Approval to Foreign Investments in Pharmaceutical Sector

23-11-2012

Contents

Press Information Bureau

Government of India

Ministry of Chemicals and Fertilizers

22-November-2012 17:45 IST

In the Foreign Investment Promotion Board (FIPB) meeting held on August 24, 2012, the following 8 proposals amounting to Rs. 1842.55 crores relating to FDI in brownfield pharmaceuticals sector were approved:-

Sl.No.	Name of applicant	FDI/NRI inflow(In Rs crores)
1.	M/s. Ordain Health Care Global Pvt. Ltd., Chennai	58.85
2.	M/s. Sutures India Pvt. Ltd., Bangalore	200.00
3.	M/s. Arch Pharmalabs Ltd., Mumbai	372.36
4.	M/s. B Braun Singapore Pte Ltd., Singapore	248.40 (approx)
5.	M/s. Stellence Pharmascience Pvt. Ltd., Bangalore	100.00
6.	M/s. Pfizer Ltd., Mumbai	800
7.	M/s. Vyome Biosciences Pvt. Ltd., Delhi	12.50
8.	M/s. Zim Laboratories Ltd., Nagpur	50.44

This information was given in a written reply in Lok Sabha today by the Minister of State(Independent Charge) of the Ministry of Statistics and Programme Implementation and Minister of State in the Ministry of Chemicals and Fertilisers, Shri Srikant Kumar Jena.

…..

DNM/NSK/NV

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