Hi,
The full form of FIPB is Foreign investment promotion board. FIPB is the only agency in the country that deals with foreign direct investment. It also encourages investment in India. The main objective of Foreign Investment Promotion Board is to increase the flow of foreign direct investment into India by taking up activities that will promote investment. FDI comes into India through non- resident Indians, international companies, and various other investors. The chairman of Foreign Investment Promotion Board (FIPB) is the Industry Secretary of the Department of Industrial Promotion and Policy, Indian government.
Answered by
shruti rajan
at
7:45 PM on July 09, 2011