French Major Thales Advocates For Simpler Foreign Ownership Rules In India’s Defence Sector

Thales Chief Executive Patrice Caine has urged India to ease its foreign direct investment (FDI) norms in the defence sector, arguing that simpler ownership rules could strengthen industry participation while maintaining national security safeguards.Speaking during a visit to New Delhi, Caine suggested that India take cues from countries such as France, Australia and the UK, which permit foreign
Thales Chief Executive Patrice Caine has urged India to ease its foreign direct investment (FDI) norms in the defence sector, arguing that simpler ownership rules could strengthen industry participation while maintaining national security safeguards.Speaking during a visit to New Delhi, Caine suggested that India take cues from countries such as France, Australia and the UK, which permit foreign
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