Fdi In Defence Sector

74% FDI In Defence Via Automatic Route, With National Security Rider

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...

India Signs Mega Missile Deal With Israel For 2 Billion Dollars

India News | NDTV News Desk | Friday April 7, 2017

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.

Stocks Win Some, Lose Some, Global Triggers Hold The Cards

Business | Press Trust of India | Wednesday December 28, 2016

Government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.

Government Defends 100% FDI In Defence Sector

Business | Press Trust of India | Thursday July 28, 2016

Defending the government's policy to allow 100 per cent foreign direct investment (FDI) through an automatic route in defence and retail sectors, Commerce Minister Nirmala Sitharaman on Wednesday said "greater the investment, greater the opportunity for employment generation".

100 Per Cent FDI In Defence Need Of The Hour: M Venkaiah Naidu

India News | Press Trust of India | Friday June 24, 2016

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

India News | Press Trust of India | Thursday June 23, 2016

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.

Government's FDI Reforms To Attract Capital, Create Jobs: India Inc

Business | Press Trust of India | Monday June 20, 2016

The government's move to relax foreign direct investment (FDI) norms in sectors, including civil aviation, single-brand retail, defence and pharma, will help attract big investments and boost job creation, India Inc said on Monday.

Narendra Modi's Statement on Intolerance Full of Hypocrisy: Congress

India News | Edited by Jatin Gandhi | Friday November 13, 2015

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.

Mahindra Group Chairman Welcomes FDI in Defence Sector

Business | Friday August 8, 2014

Mahindra Group chairman Anand Mahindra welcomed the cabinet decision to allow 49 per cent foreign direct investment (FDI) in the defence sector, saying that the move would help bring new technology partners into the group's defence ventures.

Defence Firms Gain on FDI Limit Hike

Business | Thursday August 7, 2014

Shares in defence equipment makers gain after the government increased the FDI investment limit in the defence sector to 49 per cent.

Government Initiates Exercise to Raise FDI in Defence to 100 Per Cent: Report

Business | Thursday May 29, 2014

In a major policy initiative, the government is proposing to raise foreign direct investment (FDI) in defence sector to 100 per cent through the approval route, according to sources.

Anand Sharma pitches for raising FDI in defence sector to 49 per cent

Business | Thursday April 4, 2013

Commerce and Industry Minister Anand Sharma today pitched for raising foreign direct investment ceiling to at least 49 per cent from the current 26 per cent to make India a major defence equipment manufacturer.