Government Approves one Proposal of Foreign Direct Investment (FDI) Amounting to About Rs. 31.92 Crore
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Further to para 7 of the Press Release dated September 27, 2013, wherein it was stated that decision of the one proposal will be communicated separately, the Government of India has approved the proposal of Foreign DirectInvestment(FDI) amounting to Rs. 31.92 crore approximately.
Following one (1) proposal has been approved:
|
Sl. No. |
Name of theapplicant |
Particulars of the proposal |
FDI/NRIinflows (Rs. in crore) |
|
1 |
M/s CardoliteSpecialty Chemicals India Pvt. Ltd., Chennai |
Conversion of a wholly foreign owned Indian Company into an LLP to be engaged in making industrial products using cashew nutshell liquid technology, followed by further infusion of capital. |
31.92 |
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