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Govt To Relax Fdi Regulations To Boost Food Processing Sector: Official | Business Standard News

by business-standard.com posted 3weeks ago 15 views
At present, 100 per cent FDI in food processing sector is allowed in setting up of manufacturing unit. : The government will relax foreign direct investment (FDI) regulations to give a boost to the food processing sector, which has attracted $ 8.7 billion of investment, a senior government official said here. "We have already received $ 8.7 billion of FDI in food processing industry and we are in the process of removing bottlenecks as we see huge FDI investment potential in the sector.