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Indian pharma sector FDI sees sudden spurt in 2020-21: Survey
New Delhi: Foreign direct investment in India's pharmaceutical sector saw a "sudden spurt" in 2020-21 mainly on account of investments to meet COVID-19-related demands for therapeutics and vaccines, according to the Economic Survey. In the April-September 2021 period, the FDI inflows continued to be buoyant at Rs 4,413 crore, growing at the rate of 53 per cent over the same period in...
New Delhi: Foreign direct investment in India's pharmaceutical sector saw a "sudden spurt" in 2020-21 mainly on account of investments to meet COVID-19-related demands for therapeutics and vaccines, according to the Economic Survey.
In the April-September 2021 period, the FDI inflows continued to be buoyant at Rs 4,413 crore, growing at the rate of 53 per cent over the same period in 2020-21, according to the Survey tabled in Parliament by Finance Minister Nirmala Sitharaman on Monday.
Read also: Pre-budget survey shows increasing demand for making investments more attractive in pharma sector
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751