Amendment to Foreign Direct Investment (FDI) Policy

The Department of Industrial Policy and Promotion (DIPP) has vide Press Note 2 of 2015 dated 06 January 2015, amended and revised the FDI Policy, with effect from 21 January 2014 with respect to the pharmaceutical sector pursuant to which DIPP has permitted investment in manufacturing of medical devices as defined in the said Press Note to 100 %.