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India’s 1st 100% FDI in defence project cleared
India has granted permission to Sweden's Saab to establish a new facility for manufacturing rockets, marking the first instance of 100% foreign direct investment (FDI) in the defence sector. The FDI proposal, valued at under Rs 500 crore, was cleared last month.
India has granted permission to Sweden's Saab to establish a new facility for manufacturing rockets, marking the first instance of 100% foreign direct investment (FDI) in the defence sector. The FDI proposal, valued at under Rs 500 crore, was cleared last month. 
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