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FIPB approves FDI proposals worth Rs 710 crore

The Foreign Investment Promotion Board (FIPB) under the Union Finance Ministry, has provided its approval to four foreign direct investment (FDI) proposals worth around Rs 710 crore, says a ministry official.

The proposals that have received approval included one from Advance Enzyme Technologies investment worth Rs 480 crore.

The official further said that the Economic Affairs Secretary Shaktikanta Das-headed FIPB considered 14 investment proposals on Friday and also cleared those of Corona Remedies, Macmillan Publishers International and Ordain Health Care Global.

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