Bang Bang? India Has Netted Only $1 Million in FDI For Defence Sector

The Rafale agreement was signed this year, with a satisfying 50% offset clause



While offsets from the Rafale and other deals will start coming in over the next year, other FDI proposals have been rejected while Parikkar’s key ‘strategic partner’ document is still missing.



New Delhi: India attracted a little under $1 million in foreign direct investment (FDI) in the defence sector – the