SOURCE: THE HINDU The government has turned down the country’s first 100 per cent defence foreign direct investment (FDI) proposal by French naval firm DCNS. The proposal has been rejected by the Finance and Defence ministries on the grounds that the Air Independent Propulsion (AIP) is not a new technology as DCNS is already developing […]
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from Indian Defence Research Wing http://ift.tt/2c781Cz
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