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Maharashtra expects USD 5 billion investment in defence

Maharashtra expects USD 5 billion investment in defence

Saturday, March 4, 2017, 6:59 PM

Chief Minister Devendra Fadnavis, told reporters at a joint briefing along with Defence Minister Manohar Parrikar, "We are setting up a fund of Rs 1,000 crore for helping all manufacturers in the defence sector, an investment of USD 5 Billion is expected in this area in the state." Maharashtra is the first state to frame a policy for defence manufacturing.
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