How does one judge 'Make in India'? Recent news that foreign direct investment (FDI) flowing to defence in 2016-17 was an absurd trickle of Rs 61,000 (or perhaps $61,000, the Ministry of Defence didn't specify) seems to have not caused much of a ripple. Nor has the fact that FDI in defence in the past three years has been - this isn't a typo either - $1,74,000, notwithstanding several liberalisation announcements.
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