Alerts

FDI in Naval Warship Building Industry

FDI in Naval Warship Building Industry Navy has achieved considerable lead in construction of indigenous naval warships. Warship building has matured in the country and various types of warships viz. aircraft carrier, destroyers, stealth frigates, corvettes, submarines and other minor war vessels are being built in the country. Currently, all orders for warships and submarines for Indian Navy have been placed on Indian shipyards (i.e. on Defence PSU / PSU / private shipyards). Foreign Investment upto 49% is allowed through automatic route and above 49% under Government route, wherever it is likely to result in access to modern technology or for other reasons to be recorded. So far, 36 FDI proposals / Joint Ventures have been approved in defence industry sector for manufacture of various ...
Please or to Read More Entire Article

Related Tags

Related Article

Article by Same Author

In case you come across any suspicious activity, any suspicious movement or have any information to tell to the Anti-Terror Squad, please take a note of the new ALL INDIA TOLL-FREE Terror Help-line '1090'. Your city's Police or Anti-Terror squad will take action as quickly as possible. Remember that this single number 1090 is valid all over india. This is a toll free number and can be dialled from mobile phones also. Moreover, the identity of the caller will be kept a secret.

Please try to make aware each and every citizen of india about this facility.

Helpline 1090