The matter of privatization of Indian defence sector grabbed the attention of Indian media after PM Narendra Modi’s government came into power in 2014. After coming into power, this government first opened country’s defence sector to 49% foreign direct investment (FDI) in 2014 then to 74% in 2020 and 100% under the ‘approval route’, which was seen as a big step towards the privatization of the...
↧