Indian government to study impact of FDI in pharma industry
To assess the impact of Foreign Direct Investment (FDI) on the Indian domestic pharmaceutical companies, a study has been commissioned by the Ministry of Commerce and Industry.
An academic expert along with the National Productivity Council would be involved in this exercise. The study is expected to explore the impact of FDI on the brownfield pharmaceutical companies as well as the impact on affordable medicines, according to a posting on the Brand India Pharma website.
Brand India Pharma is a significant initiative led by Pharmexcil (Pharmaceutical Export Promotion Council) and IBEF (India Brand Equity Foundation) under the aegis of the Department of Commerce, Government of India.
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