An inter-minister committee gave green signal to 10 foreign direct investment (FDI) proposals worth Rs 505 crore.
Foreign Investment Promotion Board (FIPB) approved 10 proposals out of 18 on the agenda.
Of 18, two proposals were rejected and four were deferred.
India allows FDI in most sectors through automatic route. But, investment in certain sectors needs the clearance of the FIPB.
During April-December of last fiscal, FDI in country grew by 40 percent, year-on-year, to nearly Rs 1.96 lakh crore.