Govt may open special window to bring 49% FDI in defence

Arun S
Posted: Tuesday, Oct 07, 2008 at 2351 hrs IST
Updated: Tuesday, Oct 07, 2008 at 2351 hrs IST

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Defence offsets policy would bring in $10 billion in the 11th five-year plan period as foreign companies are required to spend 30% of the value on offsets goods or services purchased from Indian defence companies, the industry body says....

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