Finance Minister, Shri P. Chidambaram has approved 13 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on 20th September, 2007.
The approval amounts to Rs. 393.36 crore. The proposals are related to Ministries/Departments, namely, Commerce, Heavy Industry, Industrial Policy & Promotion, Information Technology, Information & Broadcasting, Telecommunications Urban Development and Economic Affairs.
The major investment proposals pertain to the Ministries/Departments of Commerce, Heavy Industry & Telecommunications.
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Press Information Bureau Government of India
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