Thursday, April 24, 2008

India to lift foreign stake cap in defence industry

(NEW DELHI) India's defence ministry plans to raise the 26 per cent cap on foreign direct investment in the country's defence industry, a move aimed at attracting global military and aerospace companies to invest in the country.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,276523,00.html?

No comments: