India To Ease Rules To Boost Foreign Investment In Domestic Defence Firms, Sources Say
India is poised to liberalise its foreign direct investment (FDI) rules in the defence sector, a strategic shift aimed at attracting greater global participation in its domestic manufacturing ecosystem. According to two government sources familiar with the deliberations, the cap on FDI under the automatic route for defence firms holding existing licences will rise from 49% to 74%.This adjustment
India is poised to liberalise its foreign direct investment (FDI) rules in the defence sector, a strategic shift aimed at attracting greater global participation in its domestic manufacturing ecosystem. According to two government sources familiar with the deliberations, the cap on FDI under the automatic route for defence firms holding existing licences will rise from 49% to 74%.This adjustment
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