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The Government has allowed foreign direct investment to flow in for mining and mineral separation of titanium bearing minerals and ores. Foreign companies will also be allowed to invest in value addition and integrated activities.
The decision came as part of the 15 sectors which where there have been FDI reforms and liberalisation announced on Tuesday.
The move would now allow the likes of Brazilian mining major Vale, Rio Tinto, Glencore and others to invest in India for mining and production of Titanium.
India has estimated resources of over 500 million tonnes of Titanium resources.
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