Four FDI Proposals Amounting to Rs. 1286.75 Crore Approved by FIPB

Sl. No.

Name of theapplicant

Particulars of the proposal

FDI/NRIinflows

(` In crore)

1

M/s PranBeverages (India) Pvt. Ltd., Kolkata

Change in foreign collaborator and increase in foreign equity participation to carry out the business of manufacture of fruits/vegetables juices and their concentrates, squashes and powders, and manufacture of  Beverages n.e.c.

30.25

2

M/s HospiraInc., USA, M/sHospira Pte Ltd., Singapore, and M/sHospira Healthcare India Pvt. Ltd.

Induction of foreign equity into Indian company which will acquire manufacturing facilities in the pharmaceuticals sector.

1194.75

3

M/s Perrigo API India Pvt. Ltd., Mumbai

Induction of foreign equity to carry out the business of manufacture of pharmaceutical ingredients.

55.00

4

M/s InterCallAsia Pacific Holdings Pvt. Ltd., Singapore

To set up a WOS to undertake the business of providing audio, video and web conferencing services for business, commercial, banking and other establishments.

6.75

Sl. No

Name of theapplicant

Particulars of the proposal

1

M/s Alliance Insurance Brokers Private Limited, Mumbai

Induction of foreign equity by way of issue and transfer of equity shares to carry out the business of insurance broking.

2

M/s Aon Holdings B.V., Netherlands

Post facto approval for induction of foreign equity to carry out the business of Insurance broking, and risk advisory services.

Sl. No

Name of the applicant

1

M/s Ingka Holding Overseas B.V.