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FDI in Defence Sector

News and Press Release - Dated:- 25-11-2016 - Press Information Bureau Government of India Ministry of Defence 25-November-2016 16:40 IST The Government liberalized FDI policy provisions on various sector including defence sector vide. Press Note.5 ( .....

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r reasons to be recorded. The FDI policy in defence sector is further subject to industrial licensing under the Industries (Development and Regulation) Act 1951. As per earlier policy notified in Nov 2015, FDI upto 49% was permitted under automatic r .....

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f beyond 49% are examined by Ministry of Defence from technology perspective, after consultation with various stakeholders such as Armed forces, Defence Research and Development Organisation (DRDO), etc. The foreign investment proposals beyond 49% ar .....

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