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India

15 August 2016

Asia Sentinel

Driven partly by its developing rivalry with China, India is welcoming global gun manufacturers to set up shop to produce small arms including handguns, rifles, carbines, sub-machine guns, light machine guns and grenade launchers. New investment rules allow private players to establish manufacturing units, sell to Indian defense forces and even cater to export orders. Forty-nine per cent foreign ownership will be permitted automatically but up to 100 percent FDI can... (GunPolicy.org)

Read More: Asia Sentinel

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