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RBI hikes FPIs limit in Future Supply Chain Solutions

10 Apr 2018 Evaluate

The Reserve Bank of India (RBI) has increased the Foreign Portfolio Investors (FPIs) investment limit in Future Supply Chain Solutions to 49 percent from the current 24 percent. The company has passed necessary resolutions of its board of directors and general body as required under the FEMA, regulations.

The company is one of the largest third-party logistics service provider in India. Their services include automated and IT-enabled warehousing, distribution and other logistics solutions.

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