Defence industry attracts just $10,000 FDI in 2017-18
The defence industry in the country received Foreign Direct Investment (FDI) of only $10,000 (about â¹7 lakh) in 2017-18, Union Minister CR Chaudhary has said. Defence industry had attracted $0.82 million, $0.08 million and $0.10 million foreign inflows in FY14, FY15 and FY16 respectively. In 2016-17, the defence sector failed to attract any FDI.