Divided CII opts for defence FDI limit of 49%

SOURCE : AJAY SHUKLA The Confederation of Indian Industry (CII) in here has overruled some of its own defence committee members in recommending that foreign direct investment (FDI) in defence should be capped at 49 per cent. At a stormy meeting on Tuesday, a near-plenary session of CII’s defence committee, chaired by Bharat Forge chief […]



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