The government today cleared 29 foreign direct investment (FDI) proposals which will bring Rs 6.16 billion in India.
The proposals are related to various ministries/departments, namely, commerce, economic affairs, information & broadcasting, telecommunication, tourism, industrial policy & promotion, post, defence production, and urban development, based on the recommendations of Foreign Investment Promotion Board (FIPB).
AAPC Singapore`s plan to invest Rs 3.66 billion into its Indian subsidiary is among the proposals approved on the recommendation of FIPB.
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