SJM Tells PM Modi not to Allow Foreign Defence Firms to Register as Indian Vendors

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The Swadeshi Jagran Manch has written to Prime Minister Narendra Modi asking him not to allow foreign defence companies to register themselves as Indian vendors by setting up subsidiary companies in India as it would be in contravention of the government’s thrust on self reliance.

An affiliate of the RSS, the Swadeshi Jagran Manch has pointed out that with the change in investment policy allowing FDI up to 74% under automatic route in defence production, the definition of Indian vendor has been diluted significantly Read More…

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