Due to its growing Economic and Political stature, India is emerging as one of the most attractive markets for major International defence companies to invest in. The market for defence procurement is expected to reach Billion by 2013. While a consolidated tier structure does not yet exist, it is expected that market opportunities, combined with better organization through players like the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (FICCI) will enable a more organized tier structure.
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