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Thursday, April 20, 2017

FDI in Defence: All smoke, no fire?

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Rituparna Bhuyan Thirty months ago, the Modi government decided to jumpstart the PSU-dominated defence production arena by pitching it as a lead sector for its Make in India scheme. While the high pitched campaign has led to record FDI inflows overall, foreign companies are still not convinced about Indian defence, reports CNBC-TV18.

April 20, 2017 at 12:26PM

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