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  Defense Ministry suggests 49 per cent FDI in defense sector

  India | July 02, 2014 22:09 IST

  New Delhi: The Defence Ministry has suggested raising the cap in FDI in defence sector to 49 per cent from 26 per cent now to help in developing partnerships between Indian and foreign military hardware

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  Govt liberalises defence manufacturing; delicenses products

  India | June 26, 2014 22:03 IST

  New Delhi: In a major liberalisation, the government today allowed manufacturing of several hundreds of equipment and products in the defence sector without licence.Manufacture of products such as sub-assemble items, components, castings, night-visions and surveillance