Sunday, January 10, 2010

Additional equity investment in Pepsico India Holdings Private Limited to the tune of US $ 200 million within a period of three years i.e. increase the investment from US$ 455 million to US $655 million
  
The Cabinet Committee on Economic Affairs today gave its approval to the proposal of M/s. Pepsico Holding Private Limited to invest additional equity in Pepsico India Holdings Private Limited to the tune of US$ 200 million within a period of three years i.e. increase the investment from US$ 455 million to US$ 655 million, as per recommendations of FIPB.

This would result in FDI amounting to Rs.928 crore (approx.) in the country.

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