Radhakrishna Foodland gets nod for FDI

The government approved 32 foreign direct investment proposals worth Rs 263 crore on the recommendation by the Foreign Investment Promotion Board (FIPB), an official statement said.

The bulk of FDI, Rs 240 crore, pertains to the Thane-based Radhakrishna Foodland Pvt Ltd which will engage in wholesale trading of food and non-food items.