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FDI UPDATE : DEFENCE SECTOR

FDI In Defence : Boon or Bane | Status Paper

Jul’16

On the 20th of June 2016, the Government of India announced a series of FDI measures, all of them relaxations with a view to attract FDI into the country. Before we discuss this important aspect of national policy, it is pertinent to see how this government has taken a wide angle 360o view on the defence sector.

Holistic view

Government of India has taken a holistic view of the Defence Sector and approached reforms in a methodical and integrated manner. While on the one hand the GoI has addressed regulatory aspects from the DIPP side, on the other the MoD has taken concrete steps to enhance ease of doing Business in Defence Sector.

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