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Govt looking at lowering FDI in pharma to 49%

PUBLISHED ON: March 8, 2011 | Duration: 2 min, 19 sec

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The government may be looking at increasing FDI cap in many restricted sectors like multi brand retail but if recommendations submitted by an expert group by the Prime Minister is accepted, then the pharma sector may actually see FDI slashed to 49 per cent from 100 per cent currently.
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