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PAMP Gold LLC gets nod for 100% FDI for duty-free gold shop at IGI Airport
The Indian government grants approval
By: Diamond World News Service
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Sep 10 2014 10:15PM
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Reference: 9573  

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A proposal by PAMP Gold LLC for 100 per cent foreign direct investment (FDI) to set up a duty-free shop of gold and silver metals at the Indira Gandhi International Airport, was cleared by the Indian government, reports say. PAMP Gold LLC is a division of PAMP - Produits Artistiques Métaux Précieux, the world’s leading bullion brand headquartered in Switzerland.

Approval from the Indian government followed an approval by the Foreign Investment Promotion Board (FIPB), reports say.

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