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Govt. clears 26 FDI proposals worth Rs 16 cr
By siliconindia
|
Tuesday, 12 August 2003, 19:30 IST
NEW DELHI: Government on Tuesday cleared 26 proposals envisaging foreign direct investment (FDI) worth 
16.08 crore plan by CitiCorp International for setting up a unit in Mumbai to manufacture active pharmaceutical ingredients and bulk drugs.
Among the proposals cleared is Rs 6.90 crore investment by Malaysian company Elken Sdn BhD for manufacturing bio-purifiers in Bangalore.
A Belgian company, Financiere DEA Applications, plans to manufacture electrical outdoor luminations and will invest Rs 1.55 crore as FDI for the purpose at its manufacturing plant in Faridabad.
German company Liedherr Verzanteul Nikg GmbH will set up shop in Bangalore for making gear-cutting machines.
16.08 crore plan by CitiCorp International for setting up a unit in Mumbai to manufacture active pharmaceutical ingredients and bulk drugs.
Among the proposals cleared is Rs 6.90 crore investment by Malaysian company Elken Sdn BhD for manufacturing bio-purifiers in Bangalore.
A Belgian company, Financiere DEA Applications, plans to manufacture electrical outdoor luminations and will invest Rs 1.55 crore as FDI for the purpose at its manufacturing plant in Faridabad.
German company Liedherr Verzanteul Nikg GmbH will set up shop in Bangalore for making gear-cutting machines.