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Govt may hike local content requirement

The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively. ....

Ajay Dua , Department For Promotion Of Industry , Ministry Of Commerce , Business Standard , Internal Trade , Public Procurement Order , Make In India ,

Govt Considers Amending Procurement Policy To Prioritise Local Manufacturing

Govt Considers Amending Procurement Policy To Prioritise Local Manufacturing
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Ajay Dua , Department For Promotion Of Industry , New Delhi , Internal Trade , Public Procurement Order ,