Indian businesses unveil multi-crore plans for defence sector

Last Updated: Thursday, March 29, 2012, 21:49

Home-grown corporates Thursday unveiled ambitious plans for the defence business, with Tata Motors announcing Rs 600-crore investment for developing infantry combat vehicles, and Bharat Forge saying it will invest Rs 100 crore to develop an artillery gun.

Allow 100% FDI in defence sector, says Assocham

Last Updated: Friday, March 23, 2012, 17:35

The government should allow 100 percent FDI in defence sector so that the country can become self-reliant in production and encourage technology transfers, industry body Assocham has said.

Expectations: Defence Sector

Last Updated: Friday, February 24, 2012, 13:36

FICCI has highlighted the following proposals for the Defence Sector in its pre-budget memorandum.

MSME min seeks special fund for defence, pharma in 12th Plan

Last Updated: Thursday, October 6, 2011, 16:47

The MSME Ministry proposes to provide incentives to emerging entrepreneurs in defence, robotics and biotech sectors during the 12th Five-Year plan, a senior government official said.

‘Lack of incentives driving away FDI in defence sector’

Last Updated: Friday, August 21, 2009, 11:51

Pitching for raising FDI limit to 49% in the defence sector, a study on India`s military exports has said global players are reluctant to fund the industry in the capital-intensive sector due to lack of incentives.