HomeNewsBusinessCompaniesDon't be a protectionist; allow 100% FDI in pharma: Cipla

Don't be a protectionist; allow 100% FDI in pharma: Cipla

Within the pharmaceuticals space, there is a huge divide on the issue of restricting foreign investment into Indian pharma companies. Industry leader and veteran Yusuf Hamied has spoken against the Indian pharmaceutical alliance lobbying to restrict foreign companies buying into Indian businesses.

August 26, 2011 / 09:23 IST
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Within the pharmaceuticals space, there is a huge divide on the issue of restricting foreign investment into Indian pharma companies. Industry leader and veteran Yusuf Hamied has spoken against the Indian pharmaceutical alliance lobbying to restrict foreign companies buying into Indian businesses.

According to the chairman and managing director of Cipla, it should depend on the rules and regulations in the rest of the world.
first published: Aug 25, 2011 10:21 pm

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