Contact for Web advertising / (Press Information pu Bureau Government of India, Index No.: 5730) ED

Contact for Web advertising / (Press Information pu Bureau Government of India, Index No.: 5730) EDITOR LINE: This country is leading the world in line to take, so will have to accept Hindi - Vrishin Patel, Education, Bihar " pu
NEW DELHI: Foreign direct investment limit in the defense industry by at least 51 percent of India is a leading manufacturer and exporter pu defense logistical help and dependence on imports Uprknon would be minimal.
A government source said: "At least 51 per cent FDI in defense production sector in India for the approval of the dice will overturn the decision. Access to technology modernization of the domestic automakers will be able to manufacture the same products and global defense manufacturing and export of India could become a hotbed. "
India more than $ 8 billion in annual imports of defense equipment. The world's largest importers of defense and the defense of nominal output is exported. While dismissing the concerns of some domestic industries, sources said, has been proposed in the draft which is sufficient to protect the interests of the vulnerable areas.
According to sources, about the time when the government is that the inter-ministerial consultations at the country's leading Chambers of Commerce and Industry has started Labing pu Jbrst. A class of domestic industries to foreign participation in the sector should not exceed 49 per cent discount, while the latter is in favor of the participation of the majority of foreign investors. Sources said that 49 percent of high technology will not work with a view to achieving. pu Circular sure to Atmnirbta India must allow 51 percent FDI.
The Department of Industrial Policy and Promotion has issued a draft Cabinet note. Fdiaii 100 percent in the latest technology to offer discounts. Beyond this, FDI and foreign institutional investment in technology transfer Mmle 75 percent of total foreign investment, including the discount is offered.

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