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TMI BlogImpact of FDI in DefenceX X X X Extracts X X X X X X X X Extracts X X X X ..... Impact of FDI in Defence - News and Press Release Dated:- 10-2-2020 - News - In May, 2001, the Defence Industry sector, which was hitherto reserved for the public sector, was opened upto 100% for In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dian private sector participation, with Foreign Direct Investment (FDI) upto 26% both subject to licensing. Further, Department for Promotion of Industry and Internal Trade, Ministry of Commerce In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dustry vide Press Note No. 5 (2016 Series) , has allowed FDI under automatic route upto 49% and above 49% through government route wherever it is likely to result in access to modern technology or fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r other reasons to be recorded. Further, FDI in defence industry sector is subject to industrial license under Industries (Development Regulation) Act, 1951 and manufacturing of small arms and ammu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nition under the Arms Act, 1959. As per the data furnished by 37 companies operating in Defence and Aerospace sector, so far, FDI inflows of over ₹ 1561 Crores have been reported in defence and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... aerospace sector after 2014 in automatic route. This information was given by Raksha Rajya Mantri Shri Shripad Naik in a written reply to Shri Prashanta Nanda in Rajya Sabha today. ABB/SS/Nampi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /DK/Savvy/ADA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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