Vodafone would now need final approval from the cabinet.
Vodafone entered India in 2007 by buying Hutchison Whampoa's assets in a $11 billion deal. It directly owns 64.38 percent in its India unit.
In August 2013, the country allowed 100 percent foreign direct investment (FDI) in telecommunications sector, which would facilitate players like Vodafone Group Plc to fully own their India units.
Earlier in October this year, Vodafone said it has filed an application with the FIPB to raise stake in the Indian venture from 64.38 to 100 percent.
--IANS (Posted on 30-12-2013)