Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 25th April, 2008, Finance Minister, Shri P. Chidambaram has approved 15 proposals of Foreign Direct Investment amounting approximately to Rs. 308.57 crore. The proposals relate to Ministries/Departments, namely Chemicals & petro-chemicals, Commerce, Industrial Policy & Promotion, Information & Broadcasting, Textiles, Steel and Economic Affairs. The major investment proposals pertain to the Ministries/Departments of Commerce, Information & Broadcasting and Economic Affairs.

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