Which of the following statements is/are correct regarding Aero India and India's defence sector policies?
1. Aero India is an annual aerospace exhibition organized by the Indian Space Research Organisation (ISRO).
2. Under current policy, Foreign Direct Investment (FDI) in the defence sector is allowed up to 74 percent under the automatic route.

Question

Accepted Answer

B) 2 only — Statement 1 is incorrect because Aero India is a biennial event (held every two years) organized by the Defence Exhibition Organisation (DEO) under the Ministry of Defence, not ISRO. Statement 2 is correct as the government increased the FDI limit in the defence sector to 74 percent under the automatic route in 2020 to promote self-reliance.

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