Toyota plan among 42 FDI cases cleared

NEW DELHI: A Rs 20-crore proposal of Toyota Tsusho to infuse additional funds for manufacture of buses and trucks was among the 42 Foreign Direct Investment proposals cleared by the government.

new delhi: a rs 20-crore proposal of toyota tsusho to infuse additional funds for manufacture of buses and trucks was among the 42 foreign direct investment proposals cleared by the government. the 42 fdi proposals worth rs 75-crore were cleared by the commerce and industry minister murasoli maran on the basis of recommendations made by the foreign investment promotion board, an official release said here. the proposals cover various sectors including chemicals, automobiles, telecommunications, insurance, light electrical and engineering equipment, consultancy and information technology, it added.
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