Economy, asked by Nagasudha1290, 1 year ago

The foreign direct investment in india's defence sector is allowed up to

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Answered by Anonymous

FDI in defence sector is subject to Industrial Licence under the Industries (Development & Regulation) Act, 1951. From July 2016 to January 2017, FDI to the amount of 0.61 lakhs has been received from M/s Elbit Systems Land and C41 Ltd, Israel in M/s BF Elbit Advanced Systems Pvt. Ltd.

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