FDI in defense is good- But why 100%? This would have, at one stroke, eliminated all leverage in our hands to extract technology. no country has agreed to FDI in defence, or any other strategic industry for that matter. FDI does not bring technology unless we place conditions, and that leverage will only be there if the Indian partner is in control. A better route would be to insist on 100% Offsets as other countries are doing. Fortunately many people within the establishment, except those who swallow globalistaion prescriptions uncritically, agree with this position. FDI yes- but why 100%? The Brhamos deal worked very well with 51:49 % FDI- with joint R&D and full transfer of Technology. Shouldnt that be the model? Theoretically 100% FDI means they can produce here and sell to China/Pakistan
Posted on: Mon, 02 Jun 2014 12:01:37 +0000
Trending Topics
Recently Viewed Topics
© 2015