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Latest Indian Defence News

Latest Indian Defence News

India to Remain Favorite Aerospace, Defence Destination

India is poised to become a favorite destination for global aerospace and defence sector players with total offset opportunity for the commercial segment in the country set to cross $10 billion mark in 2013. With the government expected to raise the foreign investment limit from 26 percent to 49 percent in the defence sector in 2013, the country is likely to witness the next rush of investments, as per a recent study by Deloitte, a global consultancy firm. According to Deloitte Aerospace and Defence Outlook 2013, while the global defence industry is expected to shrink, the growth in Indian defence sector is on the surge. Read more
India to Remain Favorite Aerospace, Defence Destination  
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Saab Going To AeroIndia with Large Product Portfolio  
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