26% foreign investment limit hindering India's growth?


Tags: India

Andrew Elwell
04/02/2012

All eyes are on India as Delhi hosts 250 foreign firms and over 300 Indian companies at DefExpo-2012. After being named the world’s largest arms importer by Swedish think-tank SIPRI last month, the global defence industry is keen to take advance of the growing opportunities in the region. With analysts predicting that infighting, bureaucracy and corruption are currently blighting India’s efforts to become a self-sufficient defence behemoth, this is unlikely to change for at least...
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