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India Receives Foreign Investment Worth $3.2 Million In Defence Industries In April-September
To promote FDI, the government has put in place an investor-friendly policy, wherein most sectors, except certain strategically important ones, are open for 100 per cent FDI under the automatic route, Minister of State for Commerce said.
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44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
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74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
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Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
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10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
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"Make In India" Push For Weapons, More FDI In Defence Manufacturing
Companies abroad will be able to invest up to a maximum 74 per cent in defence manufacturing in India, up from 49 per cent, Finance Minister Nirmala Sitharaman said on the fourth day of mega reform and relief announcements amid the coronavirus pandemic. The higher foreign direct investment (FDI) limit on defence manufacturing is under the automatic...
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Rajnath Singh Promises Tax Tweaks To Have France Make In India
Union minister Rajnath Singh today held out hope for further tax rationalisation measures to invite foreign investment in the country. The defence minister, who is currently in France, met with the heads of the French defence establishment today and invited them to participate in the "Make In India" initiative.
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Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
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Many Opportunities In India: PM Narendra Modi Tells Spanish Firms
It is a great time for Spanish firms to invest in India whose strong economic growth offers "many opportunities" for them in infrastructure, defence, tourism and energy, Prime Minister Narendra Modi said today.
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India Signs Mega Missile Deal With Israel For 2 Billion Dollars
India has signed a weapons deal with Israel for nearly $2 billion in what's being described as the "largest defence contract" ever signed by the military exporting giant.
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Reserve Bank Of India To Frame Standard Procedure For FDI Approvals Post FIPB
In the sensitive sectors like defence and telecom, companies having licences can only seek foreign investments.
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Stocks Win Some, Lose Some, Global Triggers Hold The Cards
Government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.
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FDI Jumps 77% To $5 Billion In September
The government relaxed FDI norms in various sectors, including defence and civil aviation to boost FDI in the country.
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Substituting Imports With Domestic Goods Test For India: Baba Kalyani
He said relaxing FDI norms in the defence sector is a welcome step but at the end of the day, India has to create an ecosystem to manufacture products locally.
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Government Defends 100% FDI In Defence Sector
Defending the government's policy to allow 100 per cent foreign direct investment (FDI) through an automatic route in defence and retail sectors, Commerce Minister Nirmala Sitharaman on Wednesday said "greater the investment, greater the opportunity for employment generation".
-
India Receives Foreign Investment Worth $3.2 Million In Defence Industries In April-September
To promote FDI, the government has put in place an investor-friendly policy, wherein most sectors, except certain strategically important ones, are open for 100 per cent FDI under the automatic route, Minister of State for Commerce said.
-
44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
-
74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
-
Centre Permits Up To 74% FDI Under Automatic Route In Defence Sector
The government has permitted foreign direct investment (FDI) of up to 74 per cent under automatic route in the defence sector with a view to attracting overseas investors, according to a press note issued by the DPIIT on Thursday.
-
10 Takeaways From Nirmala Sitharaman's Announcements For Defence, Aviation
Finance Minister Nirmala Sitharaman detailed reforms to eight sectors today in the fourth tranche of announcements related to the government's Rs 20 lakh crore package for the coronavirus-hit Indian economy. Among today's big-ticket measures were a 25 per cent increase in FDI in the defence sector and removal of government monopoly on coal mining. ...
-
"Make In India" Push For Weapons, More FDI In Defence Manufacturing
Companies abroad will be able to invest up to a maximum 74 per cent in defence manufacturing in India, up from 49 per cent, Finance Minister Nirmala Sitharaman said on the fourth day of mega reform and relief announcements amid the coronavirus pandemic. The higher foreign direct investment (FDI) limit on defence manufacturing is under the automatic...
-
Rajnath Singh Promises Tax Tweaks To Have France Make In India
Union minister Rajnath Singh today held out hope for further tax rationalisation measures to invite foreign investment in the country. The defence minister, who is currently in France, met with the heads of the French defence establishment today and invited them to participate in the "Make In India" initiative.
-
Home Ministry Gave Security Clearance To 6,200 Proposals, FDI In 2 Years
The Home Ministry has given security clearance to more than 6,200 proposals, including 134 foreign direct investment plans, in the past two years in critical sectors such as defence, civil aviation and telecom, the government told the Lok Sabha Tuesday.
-
Many Opportunities In India: PM Narendra Modi Tells Spanish Firms
It is a great time for Spanish firms to invest in India whose strong economic growth offers "many opportunities" for them in infrastructure, defence, tourism and energy, Prime Minister Narendra Modi said today.
-
India Signs Mega Missile Deal With Israel For 2 Billion Dollars
India has signed a weapons deal with Israel for nearly $2 billion in what's being described as the "largest defence contract" ever signed by the military exporting giant.
-
Reserve Bank Of India To Frame Standard Procedure For FDI Approvals Post FIPB
In the sensitive sectors like defence and telecom, companies having licences can only seek foreign investments.
-
Stocks Win Some, Lose Some, Global Triggers Hold The Cards
Government's decision to open up foreign direct investment in defence, pharma aviation, single-brand retail and broadcasting, among others, was music to investors' ears.
-
FDI Jumps 77% To $5 Billion In September
The government relaxed FDI norms in various sectors, including defence and civil aviation to boost FDI in the country.
-
Substituting Imports With Domestic Goods Test For India: Baba Kalyani
He said relaxing FDI norms in the defence sector is a welcome step but at the end of the day, India has to create an ecosystem to manufacture products locally.
-
Government Defends 100% FDI In Defence Sector
Defending the government's policy to allow 100 per cent foreign direct investment (FDI) through an automatic route in defence and retail sectors, Commerce Minister Nirmala Sitharaman on Wednesday said "greater the investment, greater the opportunity for employment generation".
