CII Naoroji Godrej Centre of Manufacturing Excellence




News and Update

Reform push by Government may lead to FIPB phaseout

16 May 2016

The government is hoping to do away with the Foreign Investment Promotion Board — the agency set up at the time of economic liberalization 25 years ago — as it further eases rules to do away with prior approval for investment and allow new instruments that go beyond the traditional equity shares to boost the start-up eco-system.


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CII Naoroji Godrej Centre of Manufacturing Excellence
Godrej Station-side Colony, Opp Railway Station,
Vikhroli (East), Mumbai – 400 079

: (022) 25745146/5148
: (022) 25743361
ciicme@cii.in