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Friday, 1 May 2015

Defence Ministry planning major changes in defence procurement; seeks to link offsets policy with ‘Make in India’ May 02, 2015 at 08:34AM

SOURCE : THE ECONOMIC TIMES The defence ministry is planning major changes in the way it procures military equipment,seeking to link the offsets policy with Prime Minister Narendra Modi’s ‘Make in India’campaign after foreign suppliers repeatedly failed to meet the stringent conditions and ended up blocking investments of several hundred million dollars in the sector. […]

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