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HAL welcomes increased defence FDI, new airports' development.

Monday, 14 July 2014 06:19
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NEW DELHI: Increased FDI limit in defence sector would provide a boost to the military industry in country and will help public sector firms play a big role in defence sector manufacturing, HAL chief R K Tyagi said today.

"HAL welcomes 49 per cent FDI in defence sector as we feel that it would give boost to production activities in India. This opens the door for leading company like HAL to play a big role along with the other players in defence manufacturing," he said
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