Six major western industry associations have written to the Indian Ministry of Defense asking for measures to ease their prospects for commerce in defense equipment, including elimination of the ceiling on Foreign Direct Investment as well as capping financial penalties.
India to provide aircraft to Seychelles
On a specific request from the Seychelles, Defense Minister AK Antony has agreed to provide one new Dornier and two Chetak helicopters from the Hindustan Aeronautics Limited for maritime surveillance at the earliest.
