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<h1>Foreign direct investment approval for conversion of a wholly foreign-owned company into an LLP enabling capital infusion for industrial production.</h1> Approval granted for conversion of a wholly foreign-owned Indian company into a limited liability partnership to manufacture industrial products using cashew nutshell liquid technology, with permission for subsequent infusion of foreign capital to support the LLP's business activities; this constitutes governmental clearance for the corporate reorganisation and associated inward FDI.