Mahindra & Mahindra (M&M) has approached the Foreign Investment Promotion Board, or FIPB, to clear a joint venture with British Aerospace Systems
20% only permitted in defence sector. 49% on a case to case basis. Mahindra and Mahindra want to manufacture anti-landmine vehicle. Auto giants are trying to cash-in on the defence space.
20% only permitted in defence sector. 49% on a case to case basis. Mahindra and Mahindra want to manufacture anti-landmine vehicle. Auto giants are trying to cash-in on the defence space.
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