Courting foreign investment
The government has cleared 13 proposals, including one of car market leader Maruti that will bring in Rs 393.36 crore of foreign direct investment into the country. Chidambaram also cleared a proposal by Maruti Suzuki India to set up an exhaust system components unit in Haryana in collaboration with Japan-based Futaba Industrial Company. A major chunk of this FDI would flow through induction of foreign stake in telecom infrastructure provider Aster Infrastructure Ltd.
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