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India's new policy lures foreign defence companies to manufacture there

Lockheed Martin says that if its F-16 fighter jets (seen here in a file photo of an US Air Force plane performing an aerial display) are selected, it will support the advancement of Indian manufacturing expertise.

New Delhi

INDIA has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armoured vehicles, submarines and helicopters - but it will only sign the cheques if they are made in India.

The world's largest defence importer...

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