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    Govt Approval for 100% FDI in Pharma existing company

    Posted By : CS Gaurav / Published on : 13-Oct-2017 09:01 PM / View : 985 / Comment : 1

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    Hi All, Can anyone help me about filing FIPB approval for Pharma company 100% FDI as it has sectoral cap of 74%.
    Read more on : company existing pharma approval govt

    • This is online application:

      Foreign Investment Promotion Board (FIPB), granting of government approval for foreign investment under the extant FDI Policy and FEMA Regulations was entrusted to the concerned Administrative Ministries/Departments and Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, was made the nodal Department.

      The FDI proposals were, thereafter, required to be filed only on Foreign Investment Facilitation Portal (FIF Portal) at https://fifp.gov.in, which is managed by DPIIT. The proposals filed on FIF Portal are forwarded to the concerned Administrative Ministry and are also simultaneously marked to Ministry of External Affairs (MEA) and Reserve Bank of India (RBI) for comments and to Ministry of Home Affairs (MHA) for necessary security clearance, wherever required as per the FDI Policy/ FEM Regulations.

      08-09-2022 / 07:53:32 AM
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