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India's defence sector News

warships in India

24 Dec 2015

Anil Ambani-led Reliance Defence partners Russian firm for ‘Make in India’ warships

An agreement regarding the deal is likely to be signed during the Prime Minister Narendra Modi’s Russia visit today.

10 Nov 2015

Govt relaxes norms for FDI in defence sector

As per the earlier FDI policy in the sector, foreign investment up to 49 percent was permitted under government approval route.

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