Tags Policy

Tag: policy

India: Major Policy Shift Favor Local Suppliers in Defense Programs

The Indian Ministry of Defense is about to introduce a major change in its defense procurement policy, giving a priority to local companies through rating 'Buy and Make' (Indian production of goods) as the top category for procurement. This 'India First' policy will provide first opportunity in all contracts to Indian companies, from the public and private sector, while placing procurement from foreign suppliers as the last option. Another move to exclude software and consulting services from offset list, is a fallout of the recent VVIP scandal.
banner