By Shyamantha Asokan and Rajesh Kumar Singh NEW DELHI (Reuters) – India's main opposition party would welcome more foreign direct investment in defense, if elected, but would delay opening up the country's market of more than 1.2 billion people to international retail chains like Wal-Mart. The nationalist Bharatiya Janata Party (BJP), which surveys show is on course to win the most seats in an election starting on April 7, would also introduce a general sales tax and overhaul the financial sector, its manifesto will say. "The manifesto's priorities, in this order, are jobs, investment, manufacturing and infrastructure," one BJP official involved in drafting the document revealed to Reuters before its publication next week. The BJP's candidate for prime minister, Narendra Modi, is campaigning on his economic record in running his home state, Gujarat, where the party trumpets an unemployment rate of less than a third of the national average.
India’s BJP to welcome foreign defense investment, keep out big retailers
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