Relaxing FDI norms within the defence sector may be a move towards attracting a lot of technology and also the Ministry of Defence has start up with an inventory of technologies that Bharat wants at now in time, maintains JD Patil of L&T Defence. He any aforementioned that any technology inside the instrument will come back to Bharat beneath the new FDI route.
"FII funds flows have perpetually been petty in Bharat, being obscurity near a big total thanks to the controlled regime. we'd like defence modernization and gap doors to FIIs can facilitate USA get a lot of such technology," Patil adds. he's not optimistic on massive investments for he believes that the technology possession hardly remains with the Indian company however with the govt of that company.
Read more at: http://dollaradvisory.com
"FII funds flows have perpetually been petty in Bharat, being obscurity near a big total thanks to the controlled regime. we'd like defence modernization and gap doors to FIIs can facilitate USA get a lot of such technology," Patil adds. he's not optimistic on massive investments for he believes that the technology possession hardly remains with the Indian company however with the govt of that company.Read more at: http://dollaradvisory.com
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