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Nothing, because "defence" isn't a word. They do, however spend about $30million a year on defense.

- This isn't true. India spends around 30 billion us dollars every year according to the recent budget. Though the actual spending is gonna be much more. By 2013 the spending is expected to be more than that of the UK that currently spends around 65 billion dollars. By 2022 the defense expenditure is expected to be a whopping 200 billion dollars.

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12y ago
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11y ago

3.2% of GDP according to CIA World Fact Book

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12y ago

900 billion

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12y ago

26%

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Q: How much FDI is allowed in India defence?
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What are the factors affecting fdi in India?

One factor affecting the FDI in India is their economic growth. Also, another factor affecting the FDI in India is their capital preservation.


What is the FDI cap on investment in Infrastructure Company in the Securities Market in India?

26%


Which sector in INDIA has attracted FDI most in last decade?

Telecom sector has attracted most Foreign direct investment.


What are the arguments against FDI in retail?

FDI will lead to job losses. Small retailers and other small 'Kirana store owners' will suffer a large loss. Giant retailers and Supermarkets like Walmart, Carrefour, etc. will displace small retailers.Supermarkets will establish their monopoly in the Indian market. Because of supermarket's fine tuning, they will get goods on low price and they will sell it on low price than small retailers, it will decrease the sell of small retailers.Jobs in the manufacturing sector will be lost because foreign giants will purchase their goods from the international market and not from domestic sources. This has been the experience of most countries which have allowed FDI in retail. Although, our country had made a condition that they must source a minimum of 30% of their goods from Indian micro and small industries, we can't stop them from purchasing goods from international markets as per WTO law. So after coming to India, they can reduce this 30% by litigating at the WTO.· Allowing foreign players could destroy the livelihoods of millions of small store owners· Market prices could be manipulated by foreign retail giants· Local jobs could be at threat since the foreign players could purchase many products from abroad· There is no established correlation between advent of FDI and improvement of a country's infrastructure


What are the role of transportation in economic development of INDIA?

A well known and co-ordinated system of transport plays an important role in the sustained economic growth of a country. The present transport system of India comprises several modes of transport including rail, road, coastal shipping, air transport, etc. Transportation in India has recorded a substantial growth over the years both in spread of network and in output of the system. But Indian transportation sector is not without problems and the problems in the sector are not unique to India. India's Eleventh Five Year Plan identified various deficits in transport sector. One of the major problem the transport sector faces is the insufficient funds to finance its major projects aiming at building world class infrastructure. This article attempts to bring out the significance of FDI in financing India's major transport projects. Moreover, this paper makes it apparent that inflow and outflow of FDI to other sectors of the economy depends on the efficiency and reliability of the transportation sector among the other factors. The major challenges in the transportation sector and the initiatives taken by the government to build state-of-the-art infrastructure are also discussed.

Related questions

What percentage of FDI in defence sector is allowed in India?

26%


What are the factors affecting fdi in India?

One factor affecting the FDI in India is their economic growth. Also, another factor affecting the FDI in India is their capital preservation.


Advantage of fdi coming in India?

The FDI coming in India is for short term. This is from series of retail chains.


The limit of FDI in banking sector in India?

74%


Which country is the largest FDI contributor of India?

mauritius


What is the fdi limit in public sector banks in india?

26%


What is the FDI figures of India?

http://dipp.nic.in/fdi_statistics/India_FDI_May_2007.pdf


How directly or indirectly FDI linked to black money especially in India?

Switzerland


What is the FDI cap on investment in Infrastructure Company in the Securities Market in India?

26%


Define fdi and why it is important to India?

FDI stands for Foreign Direct Investment... refers to long term participation by country A into country B. It usually involves participation in transfer of technology, joint ventures etc. The World Investment Report 2010 released by the United Nations Conference on Trade and Development (UNCTAD) ranked India as the 9th most attractive destination for Foreign Direct Investment (FDI)....


Which sector in INDIA has attracted FDI most in last decade?

Telecom sector has attracted most Foreign direct investment.


What are the two most common methods of restricting inward fdi ownership?

The two most common methods of restricting inward foreign direct investment (FDI) ownership are through equity caps, which limit the maximum percentage of ownership by foreign investors in a domestic company, and through regulatory approvals, where FDI proposals are subject to government review and approval before being allowed to proceed.