Finance Minister clears 32 FDI proposals including one for Real Estate | INRnews

New Delhi, November 6, 2006 - Union Finance Minister, Shri P. Chidambaram has approved 32 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on 20th October, 2006. The approvals amount to Rs. 249.81 crore. The proposals relate to multiple Ministries/Departments, with the major investment proposals pertaining to the departments of Commerce, Economic affairs, Heavy Industry and Information & Broadcasting.