As the government considers increasing the foreign direct investment (FDI) cap in the defense manufacturing sector to 74% from the existing 26%, Indian industry has vociferously opposed the proposal. Opportunities arising from growing obsolescence of military hardware, limited indigenous production, domination by government-backed manufacturers and India’s growing defense capital plan of $12 billion up to 2012, have led private industry to call for leveling of the playing field by ...


You must be a paid subscriber to access "India Considers Raising Cap On Foreign Investment In Defense Sector".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.