India’s 1st 100% FDI in defence project cleared
Monday, 6 November 2023
India has granted permission to Sweden's Saab to establish a new facility for manufacturing rockets, marking the first instance of 100% foreign direct investment (FDI) in the defence sector. The FDI proposal, valued at under Rs 500 crore, was cleared last month.
|
||||
You Might LikeRelated videos from verified sources
|
||||
![India-U.S. set to host the Fifth 2+2 Ministerial Dialogue in New Delhi| OneIndia News [Video]](https://video.newsserve.net/300/v/20231109/1360367121-India-set-to-host-the-Fifth.jpg)
