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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (1672)	6/30/1998 10:17:00 AM
From: Mohan Marette	Respond to of 12475

Government to expand automatic approval list for foreign direct investment; prune list of sectors under compulsory licensing Anjan Mitra in New Delhi The government is going to expand the automatic approval list for foreign direct investment (FDI) which would include roads, ports, airports in the infrastructure areas and high-technology areas like biotechnology, industry minister Sikander Bakht told Business Standard in an exclusive interview Monday. The government is also examining a proposal to make the quantum of investments a key criteria for automatic approval - the higher the investment, more the chance of falling under the automatic approval list. business-standard.com