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Union Finance Minister, Shri P. Chidambaram has approved 57 Foreign Direct Investment proposals recommended by the Foreign Investment Promotion Board (FIPB) in its meeting held on October 25, 2004. The approvals amount to around Rs. 633.98 crore. These proposals relate to Ministries/Departments; namely, Agriculture & Cooperation, Biotechnology, Chemicals & Petro-chemicals, Civil Aviation, Commerce, Fertilizers, Food Processing Industries, Heavy Industry, Information & Broadcasting, Industrial Policy & Promotion, Information Technology, Labour, Non-Conventional Energy Sources, Power, Telecommunciations, Textiles, Tourism, Urban Development, Urban Employment & Poverty alleviation and Economic Affairs. The major investment proposals pertain to the sectors like Bio-technology, Chemicals & petro-chemicals, Import & wholesale trading, Food Processing, Industry, Information Technology and Immigration consultancy.
In addition, the proposal of M/s Hutchison Max Telecom Pvt. Ltd. which was considered by FIPB in its meeting held on 27.8.2004 has also been approved.
The details of proposals cleared are as follows:
DETAILS OF CASES APPROVED IN THE FIPB MEETING HELD ON 25.10.2004
S.No.
Name & Address of the existing/proposed foreign company
Name & Address of the Indian company, if already incorporated
Activity
Location
Particulars of the proposal
FDI/NRI
Inflows
(Rs. In crore)
AGRICULTURE & COOPERATION
1
M/s. Vanilla Resource & Investment Company
10 Frere Felix de Valois Street
Port Louis, Mauritius
M/s. Vanilla Resource (India) Private Limited
21-1-63, Main Road
Mettupalayam – 641 301
Processing of vanilla beans
MMettupalayam Coimbatore, Tamil Nadu
Foreign equity participation to the extent of 50% for undertaking the activities of processing of vanilla beans
0.05
BIOTECHNOLOGY
2
M/s. Invitrogen Corporation
1600, Faraday Avenue, Carlsbad
California 92008, USA
100% WOS
Carrying out research and development activities in the field of bio-technology, molecular biology, bio-informatics and chemistry
Not indicated
To set up wholly owned subsidiary for carrying out research and development activities in the field of bio-technology, molecular biology, bio-informatics and chemistry
9.17
CHEMICALS & PETROCHEMICALS
3
M/s. Hydromecanique Et Frottement, France
M/s. H.E.F. India Private Limited
New No. 3 (Old No. 2)
Third Cross Street,
C.I.T. colony, Mylapore, Chennai - 4
Manufacture of Barium Chloride
Chennai
Manufacture of Barium Chloride, an SSI item- amendment in the activities clause
No inflow
4
M/s. Sanofi-aventis,
174, Avenue de France – 75635, Paris
M/s. Aventis Pharma Limited
Aventis House, 54/A,
Sir Mathuradas Vasanji Road
Andheri (East), Mumbai-93
Manufacture and marketing of pharmaceuticals
Mumbai
Increase in foreign equity from 50.1% to 70.1% by way of open offer as per SEBI(SAST)Regulations , 1997
364.89
5
M/s. Poly-Beek Kunststoffe GmbH
Schmiedestrabe 34, 26629 Grobefehb, Germany
M/s. Amber Waste Recycling Company Private Limited
Rajuri Garden, Nehru Market
J-5-42, New Delhi
Collecting, trading, recycling all kinds of scraps/all kinds of waste materials and manufacturing goods
New Delhi
Foreign equity participation to the extent of 100%
4.67
CIVIL AVIATION
6
M/s. Recaero SA
Parc technologique Delta Sud -09340
Verniolle, France
New JV
Manufacture, refurbishment, repair, servicing, promotion, sale, exchange of parts of components of all types of aircrafts, including helicopters etc.
Bangalore
To set up a Joint venture company
1.66
7
M/s. Geodis International S.A
CAP WEST – 7/9, Allees de l’
Europe 92615
Clichy Cedex, Paris, France
M/s. Geodis Overseas Pvt. Ltd
A-133, Road No. 4
Street No. 5
Mahipalpur Extension, New Delhi
To carry on the business of freight forwarders, consolidators and clearing and forwarding agents, transportation agents etc.
Chennai, Tamil Nadu
Amendment in the activities clause
No inflow
COMMERCE
8
M/s. Chongqing Lifan Industry (Group) Co. Ltd &
M/s. Chongqing Lifan Motorcycle Manufacturing Co. Ltd.
No. 60, Zhangtiawan, Shangqiao, Chongqing, China
100% WOS
Motorcycle Engine, motorcycle motor, boat scooter, automobile, automobile engine, petrol/Diesel /LPG/CNG Engine, Generator, water pump etc.
Pune, Maharashtra
To set up wholly owned subsidiary for assembling motorcycle engines
12.00
9
M/s. DHL Worldwide Express B.V.
Kruisweg, 601, 213 NA Hoof-ddorp,
The Netherlands
M/s. DHL Worldwide Express (I) Pvt. Ltd
Lok Bharati Complex
Marol-Maroshi Road, Andheri(E)
Mumbai
To act as importer on record an provide clearing and forwarding services
Mumbai
Amendment in the activities clause
No inflow
10
M/s. Emery Airfreight Corporation, USA
M/s. Menlo Worldwide Forwarding India Private Ltd
139/140, Kapashera,
New Delhi-37
Cash and carry wholesale trading and institutional sales in the field of electronic and other components and parts for computers
New Delhi
Amendment in the activities clause
No inflow
11
M/s. Fabula Holdings
10, Frere Felix De Valois Street,
Port Louis, Mauritius
M/s. Supergems India Pvt.Ltd
1404, Panchratna,
Mama Parmanand Marg
Opera House, Mumbia-4
Cutting and polishing of diamonds, manufacturing of jewellery , export of diamonds and jewellery and wholesale trading in diamonds
Mumbai
Issue of non-convertible non- cumulative preference shares
22.93
12
Holly B. Lev
1859, Field Road, Charlottesville,
VA 22903, USA
M/s. IITC Organic India Private Limited
A-306, Indira Nagar,
Lucknow – 226 016
Wholesale trading by way of sourcing of domestic organic/agro products
Lucknow
For undertaking trading activities
No inflow
13
M/s. Ferrero International S.A.
Societe Anonyme 6E, Route De Treves
L-2633, Senningerberg
B.P. 630 L-2016, Luxemburg
M/s. Ferrero Marketing Services Private Limited
AZB House,
67-4, 4th Cross Lavelle Road
Bangalore-560 001
Marketing, promoting, analyzing and developing market opportunities, advertising, supervising and providing training to promote various consumer products
Bangalore
Transfer of shares from resident to non- resident
0.01
14
M/s. LLD diamonds Limited
52, VBezalel, St. Ramat Gan – 52521
Israel
LLD Diamonds India Private Limited
113-C, Mittal Court, Nariman Pt.
Mumbai-21
Import of rough diamonds and export polished diamonds in bulk and wholesale market
Mumbai
To set up a wholly owned subsidiary for undertaking trading activities
0.05
FERTILIZERS
15
M/s. Group Chimique Tunisien
7, Rue Du Royaume D Arabie
Saudite, Tnis Belvedere, Tunisia
M/s. Godavari Fertilizers and Chemicals Limited
E-198, East of Kailash
New Delhi-65
Selling of fertilizer products through wholesalers, dealers and institutions
Kakinada, AP
Amendment in the activities clause
No inflow
FOOD PROCESSING INDUSTRIES
16
M/s. Bunge Mauritius Ltd
3rd floor, Cerene House
La Chaussee, Port Louis
Mauritius
Geepee Cevel Proteins and Investment Pvt. Ltd
204, Skipper House,
62-63, Nehru Place
New Delhi-19
Import of Palmolein, crude oil and other palm oil derivatives and downstream distribution to wholesale markets
New Delhi
Merger of M/s Bunge Agribusiness India Pvt. Ltd into M/s Geepee Ceval Proteins & Investment Pvt. Ltd.
No inflow
17
M/s. American Premium Holding (Pvt.) Ltd
Sharnel Building
4th Floor, 29/2, Visaka Road, Colombo
Sri Lanka
Premium Aqua Services Pvt. Ltd
22, Tank Bund Road
Nungambakkam, Chennai-34
Manufacture of bottling purified water
Chennai
Foreign equity participation to the extent of 75%
0.69
18
M/s. ELRo Holdings India Limited, Mauritius
M/s. FieldFresh Foods Private Limited
Qutub Ambience (at qutab Minar), H-5/12,
Mehrauli Road, New Delhi-30
Exports and deal in all kinds of fruits, vegetables, floriculture and horticulture produce and other agri-products
New Delhi
To set up joint venture company undertaking exports
46.00
19
M/s. Magnus Capital Corporation Limited
C/o. International Financial Services Ltd
3rd Floor, Les Cascades,
Edith Cavell Street, Port Louis
Mauritius
M/s. MTR Foods Limited
No. 4, 17th Cross,
K.R. Road, BSK II Stage
Bangalore
Manufacture and distribution of food products in the area of convenience vegetarian Indian cuisine
Bangalore
Issue of warrants to erstwhile OCB
0.32
HEAVY INDUSTRY
20
M/s. Same Deutz Fahr SpA
Viale Francesco Cassani
14-24047, Treviglio-Bg
Italy
M/s. Same Deutz-Fahr India (P) Ltd
72, SIPCOT Industrial Complex,
Ranipet 632 403
Tamil Nadu
Manufacture of world class engines for tractors and other applications like generating sets, marine propulsion
Mumbai
Issue of shares against outstanding know-how fee
No inflow
21
M/s. Honda Motor C. Ltd. Japan
M/s. Honda siel Power Products Ltd
Plot No. 5, Sector-41(Kasna)
Greater Noida Industrial Development Area,
Distt. Gautam Budh Nagar
Uttar Pradesh
Manufacturing electric generating sets based on IC engines and spark ignition reciprocating IC pistons engines
Not indicated
Amendment in the technical collaboration
No inflow
22
Tyco Asia Investments Limited
210, St. James Court
Rue St. Denis, Port Luis, Mauritius
Precision Interconnect India Private Limited
‘TE Park’ 22B,
Doddenakundi 2nd Phase
Industrial Area, whitefield Road
Bangalore -48
Manufacture and sale of wiring harnesses
Bangalore
Proposal for downstream investment
No inflow
23
Dynapac AB
Industrivagen 2, S-371 23
Karlskrona, Sweden
M/s. Dynapac Compaction & Paving Equipment (India) Private Limited
A-59, Vivek Vihar, Phase II
New Delhi
Manufacture of plant & machinery/spares for material handling in civil & road construction etc.
New Delhi
Transfer of shares from resident to non- resident and also fresh issue of shares to non- resident
9.18
24
Fisher India Investment One, LLC &
Fisher India Investment Two, LLC
33180, Fisher Drive
St. Clair Shores, Michigan
48082, USA
Fisher Dynamics Automotive India Private Limited
F-40, NDSE-I, New Delhi-49
Promoting, engineering, manufacturing, adapting, producing, reproducing, protecting, commercially exploiting, etc. for components for the automotive industry
Hyderabad
Transfer of shares from resident to non- resident
0.01
INFORMATION & BROADCASTING
25
M/s. Henderson Asia Pacific Equity Partners ILP, UK through its affiliate M/s. HPC (Mauritius) Ltd, Mauritius
M/s. HT Media Limited
Hindustan Times House
18-20, Kasturba Gandhi Marg
New Delhi-1
Printing, publishing and other media business
Not indicated
Increase in foreign equity from 19.23% to 26%
94.00
INDUSTRIAL POLICY & PROMOTION
26
M/s. Cooper Bussmann Inc. USA
M/s. Cooper Bussman India Private Limited
No. 3-A, EVR Street, Sedarapet,
Pondicherry – 605 111
Offering services in the areas like design development, sourcing of products, logistics, marketing etc.
Pondicherry
Amendment in the activities clause
No inflow
27
Mr. Murari Lal Jalan, UAE
M/s. Kanoi Paper & Industries Ltd.
Commerce House,
2A, G.C. Avenue,
Room No. 4 & 4A, 2nd floor
Kolkata – 700 013
Manufacture of writing and printing paper
Kolkata
Acquisition of shares of Indian company by way of transfer of shares and through public offer
3.41
28
M/s. Magic Woods Limited
135, Sparks Avenue, NorthYork
Ontario M2 H 2S5
Canada
M/s. Magic Woods Exports (Pvt.) Ltd
A8, Industrial Complex,
Maraimalai Nagar,
Chengalpet 603 209, Tamil Nadu
Manufacture of wooden storage shelf, wooden kitchen furniture, furniture & fixtures and wooden bathroom cabinets
Tamil Nadu
Transfer of shares from resident to non- resident
1.01
29
M/s. Kimberly-Clark Worldwide Inc
Kimberly-Clark House
52, Alfred Street,
Milsons Point NSW 2061, USA
M/s. Kimberly-Clark Pudumjee Limited
Prockage House
35, Mumbai Pune Road
Pimpri, Pune, Maharashtra
Assisting Indian manufacturers in the manufacture of its products at international standards
Pune
Transfer of shares from resident to non- resident
3.92
30
M/s. Otto Holding Asia-Pacific Pte Ltd
12 Tuas Avenue, 1 Singapore -639497
M/s. Otto Waste Systems (India) Pvt. Ltd.
201, New India Industrial Estate
Off Mahakali Caves Road
Andheri(East), Mumbai-93
Importing, marketing and selling of plastic waste handling bins, metal waste handling bins and garbage compactors, providing consultancy etc.
Mumbai
Transfer of shares from resident to non- resident
0.0063
31
M/s. Dan Pal, Dan, Upper Galilee
12245, Israel
Setting up of new JV
Import polycarbonate panel systems, standing seam, reflective panels, accessories and related equipment, sell and make available the Dan Pal products to Indian companies involved in the construction of hotels, stadium, commercial buildings, shopping malls, etc.
Not indicated
To set up a joint venture company for undertaking trading activities
4.58
32
M/s. WOCO HmbH, Germany
Hanauer Landstrabe 16, 63628
Bad Soden-Salmunster, Germany
M/s. WOCO Motherson Advanced Rubber Technologies Ltd.
7-8, Premchand House Annexe
Ashram Road, Ahmedabad
Assembly and manufacturing of automotive parts including types of rubber moulded automotive components, rubber-to-metal parts and rubber-to-plastic parts, primarily for exports markets
Kutch, Gujarat
To set up joint venture company
10.00
33
M/s. Kosy Gesellschaft Zur Foederung Des
Holzverarbeitenden Handwerks MBH
Reinhold Wuerth Strasse 12-17
74653, Kuenzelsau, Germany
M/s. Marion Wuerth India Pvt. Ltd
326, T.V. Industrial Estate,
Off. Dr. A. Besant Road,
Behind Glaxo, Worli
Mumbai-30
Trading, export, imports in the machine tools, connectors, chemicals, industrial fasteners, electrical tools, hardware and accessories in all industries and automobiles
Mumbai
Foreign equity participation to the extent of 100% for undertaking trading activities
2.00
34
M/s. Adecco Latam Holding BV
Savannahweg 71, 3542 AW Utrecht,
The Netherlands
M/s. People Consulting India Private Limited
Crrystal Plaza IV Floor
New Link Road, Chalaka,
Andheri (E), Mumbai-99
Providing executive search, recruitment, training and temporary staffing services to leading Indian and multinational companies operating in India
Bangalore
Transfer of shares from resident to non- resident
0.91
35
M/s. Gummi Metall technik GmbH
Im Ehlet 24
D-7580 Buhl (Baden), west Germany
M/s.DynaGro (India) Pvt. Ltd.
129, Sainik Farms, Khanpur,
New Delhi-62
Manufacturing of rubber-to-metal bonded products for the railroad, marine, aerospace and industrial applications
New Delhi
To set up joint venture company with 74% foreign equity participation
0.22
36
Fiduciaria Professionisti Veneti, Srl
Strada Padana verso Verona
n.57/59, 36100-Vicenza, Italy
M/s. Karishma Mosaics Pvt. Ltd
402, shapath-II, Opp. Rajpath Club, S.G. Road,
Ahmedabad – 380 015
Marketing of glass mosaics and other related products in India and in overseas market
Ahmedabad
50% foreign equity participation for undertaking trading activities
0.10
INFORMATION TECHNOLOGY
37
M/s. eFunds International India Pvt. Ltd. ( WOS of M/s. eFunds Corporation, USA)
M/s. Global Recovery Services India Pvt. Ltd.
226, Udyog Vihar, Phase I
Gurgaon 122 016
Making outbound calls to various debtors and receiving inbound calls from various debtors, keeping updated debtor credit reports, keeping updated debtor accounts etc.
Mumbai
Amendment in the activities clause
No inflow
38
Ms. Anita Singh/Mr. S. Hardeep Singh
17, Beechwood Ave, Finchley, London
United Kingdom
M/s. Indus Valley Partners (India) Pvt. Ltd.
Unit No.4, Plots 7 & 8 – III Floor
Vardhman Trade Center,
Nehru Place Greens,
New Delhi-19
Software development and computer consultancy services
New Delhi
Transfer of shares from resident to NRI by way gift.
No inflow
39
M/s. Thomson Asia Pacific Investments Pte. Ltd
8, Jurong Town Hall, Road # 29-01/06
The JTC Summit, Singapore-609 434
M/s. Thomson Broadband India Private Limited
C-193, Ist Floor
Greater Kailsh – I,
New Delhi-48
Manufacturing/assembling or sub-contract the manufacturing to local manufacturers of Broadband related equipments, broadcast equipments, production systems
Chennai
Transfer of shares from resident to non- resident and also fresh issue of shares to non- resident
8.01
40
M/s. Storage Tek Holding Corporation
One Storage Tek Drive
Louisville, Colorado
80028-0001, USA
M/s. Storage Tek (India) Private Limited
C/o. DBS Business Centre,
26, Cunningham Road
Bangalore -560 052
Research, design and development of data storage hardware and software and provision of solutions, professional services, consultancy, support and maintenance services in various areas relating to storage devices and other related activities
Bangalore
Permission for undertaking trading activities
No inflow
41
M/s. CNT International Limited
15 Melbourne Avenue, Colombo 4
Sri Lanka
M/s. Allied CNT Solutions Pvt. Ltd.
77/79, 3rd Floor, Kimatrai Building
Maharishi Karve Road,
Marine Lines, Mumbai-2
Import and reselling of software products and solutions primarily targeted at internet security and network management
Mumbai
Foreign equity participation to the extent of 49%
0.245
42
M/s. Thomson Corporation
Toronto-Dominion Bank Tower,
PO Box 24, 66, Wellington Street,
West, Suite 2706, Toronto, Canada
M/s. Thomson Business Information India Private Limited
#1-2, UB Plaza,
Vittal Mallya Road,
Bangalore – 560 001
IT services and IT enabled services, import, market, distribute and promote sale of high tech technology solutions products etc.
Bangalore
Permission for undertaking trading activities
No inflow
LABOUR
43
M/s. Global Strategic Business Consultancy Corporation
J-32, Saif Zone, PO Box 8356
Sharjah, UAE
M/s. Worldwide Immigration Consultancy Services Ltd
SCO 2415 – 16, Sector 22-C,
Chandigarh – 160 022
Immigration consultancy
New Delhi
Transfer of shares from resident to non- resident
15.79
NON-CONVENTIONAL ENERGY SOURCES
44
Mr. Anthony D Dinapoli
482, East High Street, Manchester
NH 03110, USA
M/s. Hemavathy Power & Light Pvt. Ltd.
No. 170, 7th Main, 8th Cross,
Malleshwaram, Bangalore-3
Mini power generation
Bangalore
Issue of shares against pre- incorporation expenses
No inflow
POWER
45
M/s. Financiere Lafarge
61, Rue des Belles Feuilles – 750106
Paris, France
M/s. Lafarge India Pvt. Ltd
Bakhtawar, Nariman Point
Mumbai- 400 021
Setting up a captive power plant
Jajobera, Singhbum (Bihar)
Sonadih, Raipur(MP)
Permission for downstream investment
No inflow
TELECOMMUNICATIONS
46
M/s. Anixter Financial Inc.
2301 Patriot Boulevard, Glenview
IL 60026, USA
100% WOS
Wholesale distribution of communication products, wire cable products, security products and other telecommunication products
Not indicated
To set up wholly owned subsidiary for undertaking trading activities
0.90
47
M/s. Stream Tracmail Mauritius Ltd
10, Frere Felix de Valois Street,
Port Louis, Mauritius
M/s. Stream Tracmail Pvt. Ltd.
Stream Tracmail House,
Kamala Mills Compound
Building "A"
Senapati Bapat Marg,
Lower Parel, Mumbai-13
Allowing ST India to act as a holding company and also to undertake future downstream investments
Mumbai
Permission for downstream investment
No inflow
TEXTILES
48
M/s. Vestergaard Frandsen A/S
Haderslevvej 36, DK- 6000
Kolding Denmark
Vestergaard Frandsen (EA) Ltd
Waiyaki way, ABC Place
P.O. Box 66889, Nairobi-Kenya
M/s. Vestergaard Frandsen India Pvt. Ltd.
A 39, Chittranjan Park
New Delhi – 110 019
Marketing Long Lasting Impregnated Mosquito Bed Net and other disease control textiles
Delhi
Amendment in the activities clause
No inflow
49
M/s. Laib, wolfgang & Carolyn
Sonnenrain 9, Hochore, Germany
M/s. Coromandal Art Supplies Pvt. Ltd
C/o. the Indo-German Chamber of Commerce, 117, G.N. Road,
Chennai
Sourcing various raw materials like wood, stone & fabric and engaged the local artisans to make handicrafts for exports
Chennai
Post facto approval for transfer of shares from resident to non- resident
0.03
TOURISM
50
Mr. Nandakumar Athappan, #96,
Meyer Road, Singapore 431 917
M/s. ORE Holdings Ltd, Mauritius
M/s. Cheran Enterprises Private Limited
"Cheran Towers"
78, Govt. Arts College Road
Coimbatore -641 018
Making downstream investments in Hotel sector, development of IT parks, Telecom sector
Coimbatore
To act as holding company for making downstream investment
No inflow
URBAN DEVELOPMENT
51
M/s. Christ AG, Hauptstrasse 192
P.O. Box 130, CH-4147, Aesch
Switzerland
M/s. Christ Nishotech Water Systems Pvt. Ltd.
Plot No. W 199-E, MIDC,
Khairne, TTC Industrial Area
Thane Belapur Road,
Navi Mumbai – 400 705
Building, erecting, designing, developing plant, machineries and equipment for all kinds of advanced water treatment systems and consumables thereof
Mumbai
Issue of shares against technology transfer fees
No inflow
URBAN DEVELOPMENT & POVERTY ALLEVIATION
52
M/s. RDC Concrete Pte Ltd
19 Sungei Kaduf Street 6,
Singapore 728864
M/s. Unitech Prefab Limited
6, community Centre, Saket,
New Delhi
Manufacture of ready mix concrete, solid/hollow blocks
Mumbai
Transfer of shares from erstwhile OCB to foreign investor
No inflow
ECONOMIC AFFAIRS
53
M/s. Essilor International SA, France
M/s. essilor SRF Optics Private Limited
#71/1, Brigade Plaza, 6th floor
S.C. Road, Anand Rao circle,
Gandhinagar, Bangalore-9
Distribution of optical products made mainly by the manufacturing joint venture company of the foreign partner
Not indicated
Transfer of shares from resident to non- resident
1.30
54
M/s. Flemingo International Ltd
P.O. Box 61239-
Jebel Ali Free Trade Zone,
Dubai, UAE
Flemingo (DFS) Pvt. Ltd
209 Shah & Nahar Estate – 18
Dr. E. Moses Road- Worli
Mumbai-400 018
Conducting business of Duty Free Shops at the airports
Jaipur, Lucknow, Amritsar and Guwahati
Transfer of shares from NRI to foreign investor
No inflow
55
M/s. Greenfield Online Inc.
21, River Road Ste 2000
Wilton, CT 06897, USA
M/s. Greenfield Online Private Limited
First floor, Unitech Trade Centre
Sushant Lok Phase I
Gurgaon, Haryana
Design and export systems, application software and solutions related to online research etc.
Gurgaon, Haryana
Issue of shares against pre-incorporation expenses
No inflow
56
M/s. G.F.S. International Limited
Hodges Bay, P.O. Box 1348,
St. Johns, Antigua, West Indies
M/s. Samira Access Technologies Limited
2/540, Kumaran Street, Balaiah Gardens, Madipakkam
Chennai
Broad band research & development
Chennai
Foreign equity participation to the extent of 25%
15.92
57
M/s. Enerpac Asia Pte. Ltd
No. 25, Serangoon North Ave 5
#03-01, Keppel Digihub, Singapore
M/s. enerpac Hydraulics (India) Pvt. Ltd.
Plot No. A/571, MIDC
TTC Industrial Area, Mahape
Navi Mumbai
Trading of products like main room slideout systems, sofa room systems, wardrobe/bedroom systems, flush floor slideout systems, slideout system control options, accessories/motors/pumps and hydraulics leveling systems
Navi Mumbai
Conversion of non- repatriation equity into repatriation equity
No inflow
Total
633.98
TELECOMMUNICATIONS
( FIPB MEETING HELD ON 27.8.2004)
58.
M/s. Hutchison Telecommunications (India) Ltd, Mauritius
M/s. Hutchison Max Telecom Private Ltd
Hutch House
Peninsula Corporate Park
Ganpatrao Kadam Marg
Lower Parel, Mumbai
Cellular Mobile Telephone Services
Not indicated
Consolidation of equity by Hutchison Max Telecom Private Limited in its Indian Telecom companies by way of acquisition of entire domestic and foreign shareholding and in lieu of issuing its hares
Inflow not indicated
Grand Total
633.98
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