Govt clears Rs 961 crore investments in electronics sector

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Investments from Bosch and Samsung were among the first set of Rs 961 crore proposals under National Policy on Electronics cleared by the Government on Friday.

“This is first tranche of investment where we have moved forward with around Rs 1,000 crore. We have firm applications of Rs 4,600 crore. As we move forward, in a month or so we will clear that because now we have set up parameters for clearance as well,” Telecom Minister Kapil Sibal said here.

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