OPEN APP
Home / Politics / News /  Govt approves $371.5 mn FDI proposals

New Delhi: The government approved 11 foreign direct investment proposals worth 2068 crore ($371.5 million) including 808 crore plans of Mauritius-based Cloverdell Investments, a government statement said on Thursday.

Finance minister P Chidambaram.

Since taking charge of the ministry last month, Chidambaram has directed officials to put FDI approvals on fast track as part of a drive to revive investor confidence after growth slowed to its slowest pace in nearly a decade.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Close
Recommended For You
×
Edit Profile
Get alerts on WhatsApp
Set Preferences My ReadsFeedbackRedeem a Gift CardLogout