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Wednesday, 3 December 2014

Govt may hike foreign direct investment in defence units to 74% December 04, 2014 at 08:36AM

SOURCE: HINDUSTAN TIMES In a bid to encourage foreign firms to transfer state-of-the-art technology in defence production, the government may increase the FDI cap for the sector to 74% from 49% at present. Several opposition parties and even some affiliates of the ruling BJP, such as the Swadeshi Jagran Manch, are opposed to opening defence […]



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