<h1>India Approves 22 FDI Proposals Worth Rs. 586.137 Crore Across Key Sectors; 18 Deferred, 5 Rejected, 1 Withdrawn.</h1> The Indian government approved 22 foreign direct investment (FDI) proposals totaling approximately Rs. 586.137 crore, following recommendations from the Foreign Investment Promotion Board. These approvals span various sectors, including electronics, steel, health, defence, and telecommunications. Notable approvals include increased foreign equity in a pharmaceutical company and the establishment of joint ventures in defence systems. Additionally, 18 proposals were deferred, 5 were rejected, and 1 was withdrawn. The deferred and rejected proposals involved sectors such as aerospace, pharmaceuticals, telecommunications, and real estate, highlighting ongoing regulatory scrutiny in these areas.