FOREIGN DIRECT INVESTMENT IN PHARMACEUTICALS
Keywords:
FDI, Pharmacy, R&D, Academic collaborationAbstract
This paper aspires that Foreign companies dominates the Indian pharmaceutical industry due to availability of low cost labour. The author suppose that the expenditure on Research & development is very low in India and market leaders at present in the industry spent only 5to 6 per cent of their revenues on research & Development. The General Agreement on Tariffs and Trade (GATT) and Trade Related aspects of Intellectual Property Rights (TRIPS) have an adverse impact on pricing of pharmaceutical products. The study also found that the pharmaceutical industry also deficient in the academic collaboration that is extreme importance to Drug development.
References
FICCI‟s FDI Survey2002, 2003 and 2004: The Experience of Foreign When to make India a manufacturing base.
.German Federal Statistics and International Trade Statistics
(2005).
Alam MS. (2000) “FDI and economic growth of India and Bangladesh: a comparative study” Indian Journal of Economics vol.80.
.Alam Feroz Mohd. (2005) “Impact of foreign direct investment on Indian Economy since economic liberalization”, public opinion monthly survey, vol.2,no.8.
.Bhandari, L.S Gokara. A. Tandon (2002), „Background paper: Reforms and foreign direct investment in India‟ DRC working paper:
Reforms and foreign direct
.Investment in India ‟DRC working papers, No 4 centre for new emerging markets, London Business school, p.p 1-23.
.S.Sinha Swapna et al. (2007) “Comparative analysis of FDI in china and India”, Journal of Asia Entrepreneurship and Sustainability
Volume III
.Gupta K.L and Harvinder Kaur, “New Indian economy and reforms” Deep and Deep publication pvt. Ltd New Delhi.
.Gupta S.P, “Statistical Methods” Sultan Chand and Sons 23, Daryaganj, NewDelhi 2008
Gupta, M.S. (2004), “Foreign direct investment in India: Trend and policies”, Bihar Economic Journal.
.Mishra.S.K and V.K Puri “Indian Economy”. Himalayan Publishing house, Mumbai.2008.p, 510.
.Mahajan V.S. “Economic reforms and liberalisation” Deep and Deep publications pvt.ltd New Delhi.
.Prajnan (2008), “Journal of social and management sciences” vol. xxxvii no.2 July Sep 2008.
.CMIE (2010), Monthly Review of Indian Economy, Economic Intelligence Service, July 2010, p. 7.
Downloads
Published
Issue
Section
License
Submission Preparation ChecklistSubmission Preparation Checklist
Before proceeding with your submission, please ensure that you have completed the following checklist. All items on the list must have a checkmark before you can submit your manuscript:
