Fdi In Defence
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44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
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74% FDI In Defence Via Automatic Route, With National Security Rider
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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Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
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10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
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"Make In India" Push For Weapons, More FDI In Defence Manufacturing
Companies abroad will be able to invest up to a maximum 74 per cent in defence manufacturing in India, up from 49 per cent, Finance Minister Nirmala Sitharaman said on the fourth day of mega reform and relief announcements amid the coronavirus pandemic. The higher foreign direct investment (FDI) limit on defence manufacturing is under the automatic...
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Rajnath Singh Promises Tax Tweaks To Have France Make In India
Union minister Rajnath Singh today held out hope for further tax rationalisation measures to invite foreign investment in the country. The defence minister, who is currently in France, met with the heads of the French defence establishment today and invited them to participate in the "Make In India" initiative.
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Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
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Many Opportunities In India: PM Narendra Modi Tells Spanish Firms
It is a great time for Spanish firms to invest in India whose strong economic growth offers "many opportunities" for them in infrastructure, defence, tourism and energy, Prime Minister Narendra Modi said today.
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India Signs Mega Missile Deal With Israel For 2 Billion Dollars
India has signed a weapons deal with Israel for nearly $2 billion in what's being described as the "largest defence contract" ever signed by the military exporting giant.
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100 Per Cent FDI In Defence Need Of The Hour: M Venkaiah Naidu
Union minister M Venkaiah Naidu on Thursday stick up for the Modi government's decision to allow 100 per cent FDI in defence sector by easing norms, saying "FDI is better than debt" and it is the need of the hour.
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Congress To Oppose FDI In Defence In Parliament: Anand Sharma
Senior Congress leader Anand Sharma on Monday denounced the Modi government's decision to allow 100 per cent FDI in defence sector by easing norms, saying the Prime Minister was working under pressure from the US and his party would oppose it in Parliament.
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100 Per Cent FDI In Defence Threat To National Security: Anand Sharma
Former Union commerce minister Anand Sharma today said allowing 100 per cent foreign direct investment (FDI) in defence meant "surrendering" to the pressure of the US lobby, a threat to national security and India's foreign policy.
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100 Per Cent FDI In Defence Not In National Interest, Says AK Antony
Former defence minister AK Antony said allowing 100 per cent FDI in defence meant throwing the sector into the hands of "Nato-American defense manufacturers", which poses a threat to national security.
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India Now Most Open Economy In World For FDI, Says PM Modi
Prime Minister Narendra Modi said sweeping liberalisation of rules on foreign direct investment announced on Monday would make Asia's third-largest economy the most open in the world.
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Narendra Modi's Statement on Intolerance Full of Hypocrisy: Congress
The Congress, on Friday, accused Prime Minister Narendra Modi of hypocrisy in his statement that his government would not tolerate intolerance in India. PM Modi had spoken in London on Thursday.
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44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
-
74% FDI In Defence Via Automatic Route, With National Security Rider
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...
-
Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
-
10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
-
"Make In India" Push For Weapons, More FDI In Defence Manufacturing
Companies abroad will be able to invest up to a maximum 74 per cent in defence manufacturing in India, up from 49 per cent, Finance Minister Nirmala Sitharaman said on the fourth day of mega reform and relief announcements amid the coronavirus pandemic. The higher foreign direct investment (FDI) limit on defence manufacturing is under the automatic...
-
Rajnath Singh Promises Tax Tweaks To Have France Make In India
Union minister Rajnath Singh today held out hope for further tax rationalisation measures to invite foreign investment in the country. The defence minister, who is currently in France, met with the heads of the French defence establishment today and invited them to participate in the "Make In India" initiative.
-
Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
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Many Opportunities In India: PM Narendra Modi Tells Spanish Firms
It is a great time for Spanish firms to invest in India whose strong economic growth offers "many opportunities" for them in infrastructure, defence, tourism and energy, Prime Minister Narendra Modi said today.
-
India Signs Mega Missile Deal With Israel For 2 Billion Dollars
India has signed a weapons deal with Israel for nearly $2 billion in what's being described as the "largest defence contract" ever signed by the military exporting giant.
-
100 Per Cent FDI In Defence Need Of The Hour: M Venkaiah Naidu
Union minister M Venkaiah Naidu on Thursday stick up for the Modi government's decision to allow 100 per cent FDI in defence sector by easing norms, saying "FDI is better than debt" and it is the need of the hour.
-
Congress To Oppose FDI In Defence In Parliament: Anand Sharma
Senior Congress leader Anand Sharma on Monday denounced the Modi government's decision to allow 100 per cent FDI in defence sector by easing norms, saying the Prime Minister was working under pressure from the US and his party would oppose it in Parliament.
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100 Per Cent FDI In Defence Threat To National Security: Anand Sharma
Former Union commerce minister Anand Sharma today said allowing 100 per cent foreign direct investment (FDI) in defence meant "surrendering" to the pressure of the US lobby, a threat to national security and India's foreign policy.
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100 Per Cent FDI In Defence Not In National Interest, Says AK Antony
Former defence minister AK Antony said allowing 100 per cent FDI in defence meant throwing the sector into the hands of "Nato-American defense manufacturers", which poses a threat to national security.
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India Now Most Open Economy In World For FDI, Says PM Modi
Prime Minister Narendra Modi said sweeping liberalisation of rules on foreign direct investment announced on Monday would make Asia's third-largest economy the most open in the world.
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Narendra Modi's Statement on Intolerance Full of Hypocrisy: Congress
The Congress, on Friday, accused Prime Minister Narendra Modi of hypocrisy in his statement that his government would not tolerate intolerance in India. PM Modi had spoken in London on Thursday.
