Thursday 24 October 2019

Defence FDI through automatic route may be hiked to 74%

SOURCE: ET India plans to widen its doors to foreign funds in the defence sector to boost local production of armaments and cut down on imports. The department for promotion of industry and internal trade (DPIIT) and the defence ministry are in talks to ease many conditions to encourage foreign investors to set up shop here. It […]

from Indian Defence Research Wing https://ift.tt/2N4EWac
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