Fdi In Defence Sector
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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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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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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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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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Government Eases Foreign Investment Norms in 15 Sectors Including Mining, Defence
Ahead of Prime Minister Narendra Modi's visit to the UK, the government has eased foreign direct investment norms in 15 major sectors in a bid to drum up investment and speed growth and also counter allegations that the PM's reforms drive is slowing.
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Cabinet Clears FDI in Railways And Defence
Pushing ahead with the reforms agenda, the government today approved raising FDI limit in the defence sector to 49 per cent and opened up the railway infrastructure segment for foreign direct investment.
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'Higher Foreign Direct Investment, Freer Licensing Regime Will Accelerate Indigenisation in Defence': GC Pati
Increased Foriegn Direct Investment (FDI) in the defence sector and a liberalised industrial licensing regime would help to accelerate the indigenisation of the military sector, Secretary (Defence Production) GC Pati said in New Delhi on Wednesday.
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Raising FDI in Defence 'Will Harm National Security': Former Defence Minister Antony
Attacking the NDA government for raising the Foreign Direct Investment or FDI limit to 49 per cent in the defence sector, former Defence Minister AK Antony on Thursday said that previous governments had overcome the "pressure tactics" of "lobbies" working for 100 per cent FDI in the key area.
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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. ...
-
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.
-
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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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.
-
Government Eases Foreign Investment Norms in 15 Sectors Including Mining, Defence
Ahead of Prime Minister Narendra Modi's visit to the UK, the government has eased foreign direct investment norms in 15 major sectors in a bid to drum up investment and speed growth and also counter allegations that the PM's reforms drive is slowing.
-
Cabinet Clears FDI in Railways And Defence
Pushing ahead with the reforms agenda, the government today approved raising FDI limit in the defence sector to 49 per cent and opened up the railway infrastructure segment for foreign direct investment.
-
'Higher Foreign Direct Investment, Freer Licensing Regime Will Accelerate Indigenisation in Defence': GC Pati
Increased Foriegn Direct Investment (FDI) in the defence sector and a liberalised industrial licensing regime would help to accelerate the indigenisation of the military sector, Secretary (Defence Production) GC Pati said in New Delhi on Wednesday.
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Raising FDI in Defence 'Will Harm National Security': Former Defence Minister Antony
Attacking the NDA government for raising the Foreign Direct Investment or FDI limit to 49 per cent in the defence sector, former Defence Minister AK Antony on Thursday said that previous governments had overcome the "pressure tactics" of "lobbies" working for 100 per cent FDI in the key area.
