India will allow foreign direct investment in the defence sector to 49%, up from 26% now, while keeping management control in domestic hands, finance minister Arun Jaitley said in the Union budget today, 10 Jul 2014. This may get finally approved.
We train, develop, deploy and support Defence and Aerospace Workforce and Consultants for Dual-Use Industry. Our Consultants provide ‘Managed Services’ for Direct and Indirect Offsets, set-up JVs of all types, Technology Transfers including IP / Trademark Issues and Exports. We thus help companies build manufacturing / services, and earn Offset Credits in consultation with relevant Ministry incl DOMW/MOD.