“I think the policy makes all the sense in the world for what the Prime Minister wants to do for the aerospace and defense sector,” said Chris Raymond, VP for Business Development & Strategy at Boeing Defense Space & Security.
Tag: IPR
Max. 49% FDI in defense: FICCI
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•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.