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Wednesday, 22 June 2016

What does 100% FDI in defence mean June 22, 2016 at 02:56PM

SOURCE: LIVEMINT The government’s decision to liberalize the foreign direct investment rules for the defence sector could force Indian companies to re-look at their plans as it reduces the dependence of original equipment manufacturers (OEMs) on domestic manufacturers. On Monday, India opened up the defence sector allowing foreign companies to own as much as 100% […]

The post What does 100% FDI in defence mean appeared first on Indian Defence Research Wing.



from Indian Defence Research Wing http://ift.tt/28N9cRV
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