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French defence firms back Modi's 'Make in India' push
December 26, 2014
With India expected to spend over USD 200 billion in the next decade to modernise its military, French defence firms are eyeing a piece of the cake and are ready to "adapt" to Prime Minister Narendra Modi's 'Make in India' push.
Though waiting for more clarity, French defence firms are scouting for partners as the new government in India pushes for indigenisation rather than buying off the shelf from foreign companies.