Pharma Tops the FDI Chart in 2004 With $340 Million Inflow

The advent of the product patent era, a positive outlook for the pharmaceutical sector, and India being seen as a manufacturing hub, has resulted in a significant increase in foreign investment in the drugs and pharmaceuticals sector. The sector has seen the maximum foreign direct investment (FDI) inflow, amounting to $340m (Rs 1,571.1 crore), in '04.

The Economic Times (http://economictimes.indiatimes.com/articleshow/1080570.cms)