12 FDI Proposals Amounting to Rs. 802 crore Approved by FIPB

Press Information Bureau: Dec 27, 2012Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on November 20, 2012, the Central Government has approved 12 Proposals of Foreign Direct Investment (FDI) amounting to Rs.802.07 crore approximately.

In addition, one proposal viz. M/s Ingka Holding Overseas B.V., amounting to Rs.4200 crore, has been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA).

Following 12 (Twelve) proposals have been approved. Sl. No. Name of the applicant Particulars of the proposal FDI/NRI inflows(

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