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Friday, 1 August 2014

This one chart starkly explains why India needs foreign investment in defence August 02, 2014 at 09:26AM

SOURCE: QZ Even by the ritualistic standards of Indian politics, it’s become a well-oiled ceremony—any proposal for change in the status quo of India’s defence procurement or manufacturing is immediately met with cries of protest.Finance minister Arun Jaitley’s budget proposal to raise the limit of foreign direct investment in defence production to 49% was the […]



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