Brownfield Investment

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Brownfield Investment

The purchase of a previously constructed factory or other facility in order to use it for a new activity. For example, a company that makes hammers may buy a factory that previously made screwdrivers in order to expand their hammer-making operations. Brown field investment is relatively common in foreign direct investment.
References in periodicals archive ?
He informed that Federal Secretaries of BoI and Ministry of Industries ensured that in the near future the remaining auto investors would also be awarded the status of Green or Brown field investment status in speedy fashion.
Category B is brown Field investment, is defined as revival of an existing assembly and manufacturing facilities.
As per the FDI policy, foreign direct investment up to 100 per cent is permitted in brown field investment ( investment in Indian companies) in the pharma sector subject to FIPB approval.
Both the Federal Secretaries ensured that in the near future the remaining auto investors would also be awarded the status of Green or Brown field investment status in speedy fashion.
The sources said new Automotive Development Policy (2016-21) has been launched to attract green and brown field investments in automobile and auto vendor industry while new Entrant Policy for Motorcycle Industry was launched to promote investment in new and innovative technology.
This is a significant step to creating a favorable climate and providing conditions for realization of the brown field investments, which will be useful to both foreign and domestic businessmen, he said.