IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 21 Jan 2015 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

Effective 21 January 2015, India liberalized the Foreign Direct Investment policy for investment in the medical devices sector. Earlier the medical devices sector was included in the pharmaceutical production sector, which meant the investment restrictions on the latter sector also applied to the former.
Specifically for the pharmaceutical sector, 100% foreign ownership is allowed for both greenfield and brownfield projects. However the brownfield project proposals require an approval from the investment promotion board and could be subject to further conditions.
The medical devices sector has now been separated out from the pharmaceutical sector and the above restrictions will no longer apply to such investments i.e. 100% foreign ownershup with automatic approval for both brownfield and greenfield projects is available.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

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