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    Question

    Which foreign company has become the first to receive

    100% FDI approval for a defense project in India?
    A Saab Correct Answer Incorrect Answer
    B STPI Correct Answer Incorrect Answer
    C Time Magazine Correct Answer Incorrect Answer
    D DCNS Correct Answer Incorrect Answer
    E Henry Luce Correct Answer Incorrect Answer

    Solution

    Sweden's Saab has become the first foreign company to receive 100% FDI approval for a defense project in India, allowing them to set up a new facility to manufacture shoulder-fired rockets in the country.

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