Pharmaceutical Even as Asia attracted a significant amount of cross-border investment, accounting for more than half of global Foreign Direct Investment (FDI), FDI equity inflows into India increased by 13%, with the country receiving more than $30 billion in the first half of the financial year ending March 2021. With the Indian government seeking FDI specifically from companies intending to diversify manufacturing operations away from China, the $30 billion swell incorporates a tidy amount in the pharmaceutical sector, reports The Pharma Letter’s India correspondent. 19 May 2021