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FDI in defence industry

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'Not protectionism, higher FDI will develop defence industry'

Updated : Mar 30, 2012

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Category : Economy

'Not protectionism, higher FDI will develop defence industry'

"Protectionism is not to the benefit of the Indian defence sector. You don't realise the benefits of the multiplier effect. Development will be faster if higher FDI is permitted," a leading European helicopter manufacturer said on Friday. #IndianAirForce #WhoSaidWhat #Indian Army #Helicopters #defence industry #FDI in defence industry