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FDI IN DEFENCE (4) answer(s).
 
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ID:   122491


FDI in defence: dispelling the myths / Suman, Mrinal   Journal Article
Suman, Mrinal Journal Article
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Publication 2013.
Summary/Abstract India should adopt a flexible FDI policy to import much needed technologies which cannot be mastered through indigenous efforts in the acceptable time frame. Unfortunately, every time the issue of increasing FDI limit comes up, the opponents resort to their time-tested subterfuge of raising the bogey of security concerns and threat to indigenous industry, thereby hiding their selfish reasons. In any case, India can incorporate necessary security clauses in the initial license to ensure that an unscrupulous entrepreneur does not play truant in crisis situations. India should reserve the right to take over a facility if required in an operational emergency.
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2
ID:   133443


FDI in India: growth driver of the economy / Das, Aparajita   Journal Article
Das, Aparajita Journal Article
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Publication 2014.
Summary/Abstract Recent reports say that the newly elected government led by Narendra Modi has taken the decision to allow 100% Foreign Direct Investment (FDI) in defence production. The government has also signalled plans of further relaxing FDI permits for railway and big infrastructural projects. There is a clear indication that FDI would be one of the main drivers of economic growth in India and ensuring better flow of foreign investments would be a government priority.
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3
ID:   122553


In defence of FDI: it's not just about funds but an access to latest technology / Suman, Mrinal   Journal Article
Suman, Mrinal Journal Article
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Publication 2013.
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4
ID:   133036


Raising FDI CAP in defence :: misplaced Euphoria? / Suman, Mrinal   Journal Article
Suman, Mrinal Journal Article
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Publication 2014.
Summary/Abstract it is time makes up its mind whether it wants FDI in defence or not. If it is felt that FDI is not essential and India can archive technological excellence through indigenous efforts; it should be stated upfront and all pretenses of seeking FDI should be shed. The current apathetic and uninspiring approach is a meaningless charade. The recent increase in FDI cap to 49 percent is totally inconsequential and will not attract FDI. this fact has been amply established by joint studies carried out by the CII with KPMG and ASSOCHAM with Ernst and young. both studies indicate that foreign investors want a minimum of 51 per cent holding.
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