FDI in drugs and pharmaceuticals was $487 million during April-August 2012, according to the latest data of the Department of Industrial Policy and Promotion.
Chief Minister Arvind Kejriwal urged the Centre to provide medical oxygen to Delhi.
In a letter dated November 30, the PMO asked the commerce ministry to prepare a detailed note on the venture, in the anticipation that it would come up for discussion in Parliament.
Business chambers now inviting start-ups for membership.
Seeking to spur foreign investments, Finance Minister P Chidambaram has said the Union Cabinet will decide on raising FDI caps in different sectors in the third week of this month.
Its new industrial policy appears to benefit industrial houses
Federation of India Chambers of Commerce and Industry on Friday warned that the new taxes on the corporate sector like Fringe Benefit Tax would severely hit the tottering savings and investments.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
The proposed legislation on special economic zones would give a big boost to the inflow of foreign direct investment in the country, Commerce and Industry Minister Kamal Nath said in New Delhi on Friday.
FDI in brownfield investment has resulted in acquisition of domestic drug-manufacturing firms by multinational companies.
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