‘Defence sector not averse to higher FDI’

The Indian defence industry is not averse to allowing higher Foreign Direct Investment (FDI) than the 26% currently permissible, if induction of high technology is a national requirement.

This was stated by K P Singh, Secretary, Defence Production (DP), while addressing media persons on the eve of ‘Aero India 2007’, the sixth edition of the International Aerospace & Defence Exhibition at the Yelahanka air base here on Tuesday.

Click for complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: