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Global Trade Alert

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India: Foreign investment approved in Suven Pharmaceuticals Limited by Berhyanda Limited

Description

On 13 September 2023, the Indian Cabinet Committee on Economic Affairs approved an FDI proposal for the investment of up to INR 9'589 crore (USD 1.16 billion) by Berhyanda Limited (BL) in Suven Pharma...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

13 Sep 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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