The Union government on Wednesday made a fervent call to defence manufacturers from around the world to invest in India, saying 100 per cent foreign direct investment is allowed in the segment.
In her inaugural address at the Aero India biennial air show here on Wednesday, defence minister Nirmala Sitharaman invited all defence manufacturers to capitalise on the full FDI option to make their products in the country.
As much as 49 per cent investments can be made through the automatic approval route and the rest after seeking the government’s permission.
