100% FDI in Medical Devices- Christmas Gift

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saketroy2
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Joined: Mon May 26, 2014 11:23 am

100% FDI in Medical Devices- Christmas Gift

#1 Postby saketroy2 » Fri Dec 26, 2014 10:45 am

So, Another step for Make in India. Modi Govt has gifted the nation with allowing 100% FDI through automatic rote in 6 bn USD Medical devices industry. Many Young player are enthusiastic with the decision. This will help in the direct cash inflow and also acquisitions.
Currently , Ireland is on the top with 8bn USD exports where Govt. is fully supportive of Funding, bailouts and better tax regime which actually attracts the investors. Obviously this FDI is not only going to be big enough for Indian Markets which is relatively smaller than some western countries but we will surely be able to reap some benefits in the longer run.

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