Forbes Quotes Amritt on on outcomes of India’s Budget on western companies.
The United States is now India’s largest defense supplier and India is the largest buyer of defense equipment in the world. ”The Modi government kept its election promise and now permits foreign companies to own up to 49% of an Indian defense manufacturing venture. At the old limit of 26% there was almost zero American foreign direct investment in defense in India.”
Last updated: July 9th, 2024
Amritt Inc. is a management advisory service facilitating trade between the world and India. Amritt was founded in 2003 and since then it has provided guidance to western companies in entering new markets, global strategy execution, finding and managing supplier partners, and establishing overseas offices. Our primary focus is in helping American, Canadian and European executives to attain success in India.
