Saturday, March 24, 2012

Industry body seeks 100 percent FDI in defence | ummid.com

Industry body seeks 100 percent FDI in defence | ummid.com
With India edging past China as the world's largest arms importer, an industry body has sought increase in Foreign Direct Investment (FDI) in the defence sector to 100 percent from the existing 26 percent to attract advance military technology to India and for curbing large-scale imports.