India has eased limits on foreign direct investment (FDI) in defense joint ventures, with the aim of enticing international defense contractors to manufacture equipment in the country.
Swedish aerospace and defense company Saab says it is ready to partner with India’s state-run Hindustan Aeronautics Ltd. (HAL) to upgrade India’s indigenously-developed Tejas Light Combat Aircraft (LCA).
An Indian air force (IAF) MiG-27 crashed in the western state of Rajasthan on June 13, injuring at least three people and damaging a few houses in the area.