Economy

Centre approves 11 FDI proposals worth ₹ 1076 cr

K. R. Srivats New Delhi | Updated on February 19, 2015 Published on February 19, 2015


The Government has approved eleven proposals of foreign direct investment (FDI) amounting to ₹ 1075.91 crore.

In addition, two proposals relating to Aurobindo Pharma Limited, Hyderabad and Glenmark Pharmaceuticals Limited, Mumbai have been recommended for consideration of Cabinet Committee on Economic Affairs (CCEA).

The eleven proposals approved include that of Solar Arise India projects Pvt Ltd involving FDI of ₹216.01 crore, SeQuent Scientific Ltd, Mumbai involving FDI of upto ₹ 400 crore and proposal of BLP Wind Assets Holding Pvt Ltd involving an amount of ₹ 371 crore.

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Published on February 19, 2015
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