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Friday, 25 December 2015

Defence ministry to change offsets policy; proposals worth $16 billion underway December 26, 2015 at 08:26AM

SOURCE: ECONOMIC TIMES The defence ministry is set to announce a set of radical changes in its offsets policy that will bring in investmentsworth billions of dollars into the defence and aerospace industry from foreign vendors that win Indian military contracts. While the current outstanding value of offsets – pegged at $16 billion to be executed […]

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