Monday 30 June 2014

Industry chambers flip-flop on 100% FDI in defence sector

SOURCE: TNN Around the time the new government took charge at the Centre, industry chamber Ficci wrote to the commerce & industry ministry suggesting opening up the defence sector to foreign direct investment (FDI), virtually a no-go area so far. It went to the extent of recommending 100% overseas investment, with riders. When the ministry […]



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