Thursday, August 7, 2014

Industry largely welcomes, experts cautious on hiked FDI in defence | ummid.com

Industry largely welcomes, experts cautious on hiked FDI in defence | ummid.com

Industry lobby CII welcomed the hike from 26 percent to 49 percent with full Indian management and control, saying it was a "historic moment" for the industry to collaborate with foreign Original Equipment Manufacturers (OEMs) and "create state of the art platforms and solutions", within the country.