The Modi govt has announced some big changes to foreign direct investment in India, opening up various major sectors to 100% foreign ownership:
http://www.cnbc.com/2016/06/20/modi-news-india-eases-foreign-investment-rules-to-lure-apple-ikea.html
http://timesofindia.indiatimes.com/tech/tech-news/India-Inc-hails-governments-new-FDI-norms/articleshow/52838403.cms
In the wake of the RBI governor Rajan's departure, the govt is going all-out for growth.
http://www.bloomberg.com/news/articles/2016-06-21/modi-ally-sees-india-growth-unchained-now-that-rajan-is-leaving
FDI in defense sector is particularly important, given that China is increasingly breathing down our necks.
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