Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its 226th meeting held on 30th October 2015, the Government has approved six proposals of Foreign Direct Investment (FDI) amounting to Rs. 1810.25 crore.
The following six proposals have been approved:
The following 01 (one) proposal has been rejected:
No |
Item No |
Name of the applicant |
Gist of the proposal |
Sector |
1 |
4 |
Volkswagen Finance Private Limited |
Approval has been sought by Volkswagen Finance Private Limited with 100% existing foreign equity for investment in Indian government treasury bills and / or Indian government securities and / or liquid mutual funds and / or high quality corporate debt securities |
NBFC |
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