India News | Reported by Vishnu Som, Edited by Deepshikha Ghosh | Friday September 18, 2020
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
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