Unsurprisingly, India’s two largest defense suppliers are also the biggest exhibitors at the show. Israel has taken up the most space at the show with 1,293 square meters and Russia brings the largest number of companies to the show, with the count at 37.
Defense Production Secretary Raj Kumar Singh said the Commerce Ministry proposal to increase the FDI limit from the existing 26 percent was under the consideration of the ministerial group.
The Indian industry association, FICCI has argued for limiting FDI in the Indian defense sector to, at most, 49 per cent, following CII, which had submitted similar views last May.
