Foreign Direct Investments In Indian Medicinal And Pharmaceutical Industries

Abstract

Foreign Direct Investment is considered as an important instrument for economic development to the emerging and developing economies, as FDI provides bundle of benefits to the economy. According to FDI India Foreign Investment facilitators, India is positioned as an important stake holder in the global Pharmaceutical sector with 20% share in generic medicines supplies, meeting 50% of global demand for various vaccines, satisfying 40% generic demand in the US and supplying 25% medicines required by UK. The structure of Pharmacy sector, establishment of Bio Technology Parks and Special Economic Zones for Medicinal and Pharmaceutical Industries attracts the foreign direct investors to invest in the Pharmacy Industries in India. In this research paper an attempt was made by the researcher to analyse the impact and role of foreign direct investments in Indian Medicinal and Pharmaceutical Industries.