India Fdi Cap

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Date Submitted: 01/10/2011 08:31 AM

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|Raise FDI cap to 74 percent in defence manufacturing: Working paper |

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|New Delhi, May 17: The foreign investment cap in the defence manufacturing sector should be raised to 74 percent, from the existing 26 |

|percent, to encourage established players enter the field, a working paper circulated by the commerce and industry ministry says. |

|"The established players in the defence industry should be encouraged to set up manufacturing facilities and integration of systems in...