SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

US urge India to raise FDI ceiling in Defense sector

24 Jul 2012 Evaluate

US Deputy Secretary of Defense Ashton B Carter in an attempt to re-balance force structure in the Asia-Pacific region had sought closer military ties with India in high technology areas. He made it clear that US is looking forward to remove the bureaucratic barriers and other impediments, and also suggested India to hike its foreign direct investment (FDI) limit in Defense sector.

Carter emphasized that US is looking forward to address India's concerns over American export control and technology denial regimes. India currently allows only 26 percent FDI in Defense sector, albeit global firms demands it for an increase up to 74 per cent. He also emphasized that the challenge for the two countries in the next era would be to find concrete areas to step up Defense cooperation so that only imagination and strategic logic, and not administrative barriers, set the pace.

Stating that the US is targeting for making its export process friendlier, Carter suggested that the Indian Defense Procurement Procedure (DPP) could act more aggressively to protect against corruption by reducing prices and complexity. He also opined that US is aiming for a peaceful Asia-Pacific region, where sovereign states can enjoy the benefits of security and continue to prosper.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×