NEW DELHI, May 16 (Reuters) - India's finance minister on Friday approved a proposal from Sweden's Volvo to acquire 8.1 percent of India's Eicher Motors Ltd .
The world's No.2 truck maker said in December it would take a stake in India's third-biggest truck maker and form an equal joint venture in the world's fifth-largest market for trucks.
The proposal will now be referred to a cabinet panel on economic affairs, as it is above a 6 billion rupee ($140 million) ...
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