Ministry of Defence Press Release (03-Mar-15) Stress on Investment Route in Defence Cooperation Agreements
The Government revised the FDI Policy in defence sector in August 2014 thereby raised the FDI limit from earlier 26% to 49% through Government route and above 49% with the approval of Cabinet Committee on Security (CCS) on case to case basis, wherever it is likely to result in access to modern and ''state-of-the-art'' technology in the country. Since the policy has been revised only last year, no assessment of its impact has been made on increasing the share of domestic content in...
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